Anthony Bassili, president of Coinbase Asset Management, said in a Bitcoin Magazine program that his team’s Bitcoin price target is north of $300,000 by 2030.
He also said Bitcoin’s cycle returns should keep shrinking as the asset grows from a larger base. On gold, Bassili said parity is a longer-term trend.
Topics covered in the program
Based on the chapter list published with the program, the discussion focused on Coinbase Asset Management’s business and how institutional investors are approaching Bitcoin.
- What Coinbase Asset Management does
- How pensions, endowments, and sovereigns approach Bitcoin
- Why wealth advisors look at 1% to 5% Bitcoin allocations
- Who uses the Coinbase Bitcoin Yield Fund and why
- Bitcoin’s price target and why cycle returns keep shrinking
- Tokenization, tokenized funds, and the iCapital feeder
- Why tokenization may take time to reach advisors
- Whether sovereign and pension allocations will keep rising
- Bitcoin and gold correlations in the fiscal dominance era
- The Store of Value Index, which combines Bitcoin and gold in one wrapper
Source note and disclaimer
Bitcoin Magazine said the post first appeared on its site and was written by Patrick Green.
The disclaimer attached to the program said the views and opinions expressed were those of the participants and did not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or affiliated entities. It also said the content was provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. The program further stated that nothing in the content constituted a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments, and that viewers should consult their own advisors before making financial or business decisions.