ARK’s “Big Idea” drew a $700k to $1.5 million slice of the pie for BTC—if the clear-cut bill gets implemented, Coinbase and Circle are likely to be laughing. Between regulatory tailwinds + institutional accumulation, the double buffs stack up perfectly.

ARK Invest CEO Cathie Wood bought more shares of Coinbase and Circle ahead of the Clarity Act vote, signaling confidence in the crypto market. In ARK’s “Big Ideas,” it projects that by 2030 Bitcoin’s base price will be $700k, and in a bull market it could reach $1.5 million. The ARK Innovation ETF has also recently increased its holdings of Circle and Coinbase. The Clarity Act is intended to establish a regulatory framework and division of responsibilities for U.S. crypto, and is expected to have a positive impact on Coinbase and Circle.