BlackRock CEO: Bitcoin Expected to Reach $500,000 in 5-10 Years

Larry Fink, chief executive of BlackRock, predicts that bitcoin will break through $500,000 in the next five to 10 years, with a market cap of $10 trillion. "We will see bitcoin well over $500,000 in the next five to 10 years, which will be an asset over $10 trillion," Fink said.
This view reflects the growing confidence of institutional investors in Bitcoin. There are currently 11 Bitcoin spot ETFs in the US market, with a total asset management of $118.59 billion, further promoting the mainstream process of Bitcoin.