ARK Invest's crypto analyst says bitcoin market cap could hit $3 trillion by 2025

Episode 41 of Season 2 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Yassine Elmandjra, crypto asset analyst at ARK Invest.

Listen below, and subscribe to The Scoop on AppleSpotifyGoogle PlayStitcher or wherever you listen to podcasts. Email feedback and revision requests to [email protected].

Yassine Elmandjra, crypto asset analyst at ARK Invest, published a white paper recently that argues Bitcoin could reach three trillion dollars in market cap by 2025. On this week's episode of The Scoop, he broke down how he arrived at that conclusion.

ARK began looking into digital assets in 2015, when BTC was trading around $250. At that time, the firm published a white paper arguing BTC was unique and didn't fall into a traditional asset class. Now, it's published a part two to that early paper aimed at institutions. 

"In addition to sizing that opportunity for institutions, we really tried to look at what the liquidity and volume profile of Bitcoin are relative to other asset classes and whether or not we're at we're at a place where Bitcoin can support the institutional flow that we so desire," he said. "With that...indeed, we think that over the next five years, Bitcoin presents a multi trillion dollar opportunity."

Start your day with the most influential events and analysis happening across the digital asset ecosystem.

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

El