ARK maintains long-term crypto outlook despite ETF losses
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ARK Invest remains bullish on the long-term growth of the crypto market, even as short-term downturns have weighed on its exchange-traded funds.
In its latest quarterly report, ARK cited crypto-linked equities as a major drag on performance during the fourth quarter of 2025. Coinbase was the largest detractor across several ARK ETFs, underperforming both Bitcoin and Ether as exchange trading volumes declined 9% quarter-on-quarter.
Despite the pullback, ARK projects the crypto market could reach $28 trillion by 2030. In its Big Ideas 2026 report, the firm forecast a 61% compound annual growth rate, with Bitcoin accounting for roughly 70% of total market value — implying a potential Bitcoin price near $1 million driven by rising institutional adoption.
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poor coinbase getting dragged down while btc and eth just do their thing smh