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ARK Invest’s Valente Discusses Bitcoin’s 5-Year Forecast
ARK Invest’s Lorenzo Valente, Director of Research for Digital Assets, discusses the firm’s 5-year Bitcoin thesis in a recent interview. Despite Bitcoin’s flat performance this year, Valente maintains that the outlook is positive. He breaks down ARK’s Big Ideas report, emphasizing Bitcoin’s role as digital gold and permissionless money. Valente also touches on the impact of stablecoins and institutional adoption, highlighting how tokenized stocks and real-world assets could change the landscape. The interview covers ARK’s price target for Bitcoin in 2030 and their outlook for the next 12 to 18 months.