BlockBeats News, January 15 — According to CoinDesk, Ark Invest analyst and portfolio manager David Puell stated that the next phase of Bitcoin will no longer mainly depend on whether investors “believe” in this asset, but more on how much exposure they are willing to allocate and through which investment tools to participate. With the launch of spot Bitcoin ETFs in 2024 and the rapid development of digital asset treasury strategies, Bitcoin has crossed an important threshold and entered a mature institutional phase.
The combined holdings of ETFs and digital asset treasuries have reached approximately 12% of the total Bitcoin supply, far exceeding expectations, and have become one of the main driving factors influencing price trends in 2025. This trend may continue into 2026. As the amount of Bitcoin absorbed by ETFs and corporate treasuries exceeds expectations, the market is entering a more institutionalized phase with lower volatility.
Ark Invest remains confident in its long-term valuation framework for Bitcoin. According to Ark’s published valuation model, its forecast for Bitcoin’s price in 2030 is “around $300,000 in a bear market scenario; approximately $710,000 in a baseline scenario; and about $1,500,000 in a bull market scenario.” David Puell stated that under the narratives of “digital gold” and institutional adoption, the company still expects Bitcoin to reach between $300,000 and $1,500,000 by 2030.
David Puell mentioned that as volatility decreases and drawdowns narrow, Bitcoin may become increasingly attractive to investors with lower risk appetite in the next cycle.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ledger Executive: If the US Bans Stablecoin Yields, Other Countries May Fill the Regulatory Gap
Ledger Asia-Pacific Head Shibayama stated that if the US implements a stablecoin yield ban, international discussions will increase. Countries like Australia have already provided regulatory exemptions, and currently most stablecoins do not offer yields to users. US regulatory bill progress has been slow due to opposition to prohibition clauses supported by the banking industry. Asian financial institutions' focus has shifted toward financial product tokenization and stablecoin issuance, rather than crypto-native products like DeFi.
GateNews55m ago
Cambridge Study Finds Bitcoin Can Withstand 72% of Submarine Cable Failures
A study published by the Cambridge Centre for Alternative Finance on March 12, 2026, analyzing 11 years of peer-to-peer network data against 68 verified submarine cable fault events, found that 72% to 92% of inter-country submarine cables would need to fail simultaneously before more than 10% of Bitcoin network nodes disconnect.
CryptopulseElite56m ago
Will stablecoin yields be banned by the US? Ledger executive warns: the global regulatory landscape may be reshaped
Ledger's Asia-Pacific head Shibayama stated that if the US bans stablecoin yield distribution, it will trigger a new global cryptocurrency regulatory landscape, with some countries potentially introducing more attractive policies. The Asian market focuses more on blockchain infrastructure and tokenization of financial products, while large institutions show less interest in direct cryptocurrency asset investments. As regulation improves, institutional investors are becoming more cautious when selecting custodial service providers.
GateNews57m ago
Bitcoin Surpasses $72,000, but Market Increasingly Dependent on Leverage
Bitcoin enters the weekend fluctuating around the 72,000 USD mark, considerably lower than last week's peak above 74,000 USD and still quite far from the highs reached in early year. Looking at price movements alone, the market appears relatively stable.
However, the underlying structure paints a dimmer picture.
TapChiBitcoin1h ago
10x Research: Unusual Adjustments in Bitcoin On-Chain Capital Flows and Position Changes
10x Research posted a message on the X platform stating that Bitcoin prices are rising slowly, with abnormal capital flows appearing in the market. Recently, funding rates and risk indicators have undergone significant adjustments, market trends are being influenced by position structures, and changes in positions for Ethereum and Bitcoin require attention, with options trading before the end of March being particularly critical.
GateNews1h ago
BlockFills Entities File Bankruptcy After Withdrawals Halted, Court Froze Bitcoin
In brief
BlockFills entities have filed for Chapter 11 bankruptcy after suspending client withdrawals, following an asset freeze for 70 BTC earlier this month.
A lawsuit filed by its creditor, Dominion Capital, alleges BlockFills commingled assets and had a $77 million shortfall.
The
Decrypt1h ago
