Cathie Wood Sees Bitcoin Price Reaching $1.5M by 2030 After ETF Approval (2024)

FAQs

What is the price of bitcoin prediction for Cathie Wood? ›

According to Wood, Bitcoin could go as high as $3.8 million if institutional investors were to begin investing heavily in it. While the analysis is likely correct, it is unlikely that institutions would put 5% of their portfolios into Bitcoin within six years.

Fees tend to be higher than other ETFs. Investors do not own the cryptocurrency directly, and they must defer to the fund's management strategy. Unlike cryptocurrencies, ETFs can only be traded during market hours. Crypto markets on which the ETFs are based still largely unregulated.

By 2040, the maximum price of the BTC Coin is projected to be around $5,69,240.60. Our average price forecast for Bitcoin is $5,57,632.74 in 2040. Conversely, if the market turns bearish, the minimum price level of BTC Coin could fall down to $5,42,838.40 by 2040.

A 50% gain this year would boost Bitcoin's price to $65,800 by Jan. 1, 2025, while another 50% gain would drive its price to $98,700 by Jan. 1, 2026. So if Bitcoin merely replicates its average annual growth rate from the past decade, its price could approach $100,000 by the end of 2025.

Bitcoin (BTC) Prediction for 2040 and 2050

If we draw a line connecting Bitcoin's historical lows, we get a prediction of $1.3 million by 2030 and a staggering $200+ million by 2040 and 2050, which would put its market cap at an unreasonable $4 quadrillion. By this time, this asset class will likely be matured.

Ethereum (ETH) Price Prediction 2030

According to your price prediction input for Ethereum, the value of ETH may increase by +5% and reach $ 4,172.69 by 2030.

Which ETF owns the most bitcoin? ›

Led by Grayscale's Bitcoin Trust (GBTC), the set of 10 physically-backed funds launched on Jan. 11 now boast some of the largest stashes in the space. GBTC alone held almost 3.2% of all bitcoin on the market just before the ETFs opened trade for the first time, and has been bleeding coins ever since.

Drawbacks include exposure to cryptocurrency market volatility, higher fees compared to traditional ETFs, indirect ownership of digital currencies, and potential tracking errors.

If long-term price performance is your only investment goal, then the new Bitcoin ETFs make a lot of sense. However, you could prefer direct-asset ownership of Bitcoin if you are concerned about the regulatory or legal aspects of crypto.

It depends

They are subject to the regulatory standards of financial markets and can offer a layer of security and transparency not always present in direct crypto investing. However, investing in a bitcoin ETF does not eliminate the risks associated with the underlying asset: bitcoin.

So if you're happy with a portfolio that performs comparably to the stock market as a whole, then sticking to S&P 500 ETFs alone isn't a bad idea. However, if you assemble a portfolio of individual stocks that perform better, you might enjoy a 12% or 15% return over time -- or more.

Max Keiser predicts Bitcoin to be worth $200K in 2024. Fidelity predicts one Bitcoin will be worth $1B in 2038. Hal Finney predicted $22M per Bitcoin by 2045.

A recent report predicts that Bitcoin will reach a new all-time high in 2024. Bitcoin (BTC) is expected to reach a new record of $88,000 (€82,000) throughout the year, before it settles around $77,000 at the end of 2024, according to a new report. The cryptocurrency's current price sits at around $43,000.

In a recent interview, Dorsey suggested that Bitcoin is going to "at least a million" by 2030. What makes this forecast so interesting is that it's not coming from a Wall Street investment firm.