Armstrong says U.S. regulation and potential government Bitcoin reserves could lead to unprecedented global demand.
Coinbase’s ETF role and untapped institutional flows indicated as key factors supporting Bitcoin’s long-term growth.
Armstrong’s $1M forecast aligns with other bullish voices, though analysts warn of volatility and regulatory risks.
Coinbase CEO Brian Armstrong has predicted that Bitcoin could reach $1 million 2030, citing rising institutional interest and clearer regulatory frameworks as the key drivers. Speaking on FOX Business, Armstrong explained that legislative developments in the United States, growing activity from major financial firms, and the fixed supply of Bitcoin are aligning to create fast demand. He emphasized that long term structural changes, rather than short term market moves, should guide expectations about Bitcoin future moves.
Regulation and Government Role
Armstrong noted the importance of upcoming U.S. legislation, saying that bills under congressional review could influence the next growth. According to him, regulatory clarity may unlock broader adoption by providing confidence to large investors and corporations.
He also suggested that U.S. government involvement could be decisive. A strategic Bitcoin reserve, if pursued by Washington, could lead to global demand as other countries follow the same path.
Institutional Access Expands Through ETFs
The Coinbase chief pointed to the surge in ETFs linked to Bitcoin as another major factor influencing market moves. Armstrong revealed that Coinbase supports a notable share of ETF operations and argued that untapped institutional capital could still flow in.
With Bitcoin’s supply at 21 million, he believes the combination of expanding ETF markets and corporate treasury allocations provides a foundation for long term price appreciation. He said that these inflows are only beginning, suggesting notable runway ahead.
Broader Ambitions Beyond Bitcoin Forecasts
While discussing Bitcoin potential, Armstrong also outlined Coinbase broader plans to grow into a comprehensive financial services platform. He referenced the company push toward becoming a “super app” offering payments, rewards, and custody options.
He reminded users about the responsibilities tied to self custody, stressing that password management is important for individuals handling their own funds. Armstrong comments placed Bitcoin within a larger vision, where both regulatory stability and technological progress is key to shaping the future of digital assets. Similar bullish expectations from figures such as Jack Dorsey and Cathie Wood are documented.
The post Coinbase CEO Predicts Bitcoin Could Reach $1 Million by 2030 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
