TechFlow reports that, according to a Forbes report on May 5, ARK Invest—led by Cathie Wood—released a report forecasting Bitcoin’s market capitalization to expand at a compound annual growth rate (CAGR) of approximately 63% over the next five years, rising from its current level of nearly $2 trillion to $16 trillion by 2030.
The report states, “Bitcoin is maturing as the leader of a new institutional asset class.” ARK Invest analysts project that Bitcoin will drive the broader cryptocurrency market to reach $28 trillion by 2030 (up from roughly $2.8 trillion today). “Smart contract networks and pure digital currency markets may grow at an approximate annual rate of 61% to $28 trillion by 2030, with Bitcoin capturing 70% of the market share, while the remainder will be dominated by smart contract platforms such as Ethereum and Solana.”
Cathie Wood previously predicted Bitcoin’s price could rise to between $300,000 and $1.5 million by 2030, positioning it as a hedge against fiat currency depreciation and deflation triggered by the AI revolution. The current rally in Bitcoin and the broader crypto market may be driven by Bitcoin capturing approximately 40% of gold’s total market capitalization, as well as the tokenization of equities and other assets. ARK Invest researchers noted, “Widespread tokenization may be enabled by improved regulatory clarity and the development of institutional-grade infrastructure.”
Vlad Tenev, CEO of Robinhood, stated last week on the company’s earnings call that the market is at “the very beginning of a tokenization supercycle.” Bitcoin has rebounded 30% from its recent low of $60,000 but remains far below its 2025 peak of $126,000.
