Personal finance author and investor Ric Edelman is detailing a massively bullish Bitcoin (BTC) prediction.

In a new interview with Natalie Brunell, Edelman says he believes BTC will increase more than 350% from its current value in less than five years as Bitcoin adoption accelerates and savvy investors buy the dip.

“I don’t believe we’re ever going to see a 70% or 80% drawdown again. I wouldn’t say never to a 40% or even a 50% [dip], but there are now so many institutional investors and sovereign wealth funds and hedge funds and family offices … these are smart people, and when you see a significant drop of 20% or 30% they’re going to recognize the buying opportunity for what it is, and that will put a floor unlike we’ve ever seen before. So sure, we’re going to continue to see volatility, but as the asset class matures, that volatility gets less and less.”

Edelman predicts more and more investors will add at least a small percentage of BTC to their overall investment portfolio, sending send Bitcoin to $500,000 by 2030.

“I’m actually pretty conservative. A lot of other folks say $1 million by 2030. [Founder and executive chairman of software firm Strategy] Michael Saylor says $5 million. But not too many others share their math. I do pretty openly. I’ll tell you very quickly and easily how I get there. If you take a look at the world’s global assets, the total value of everything, the value of stocks, bonds, real estate, gold, oil, commodities, you name it, add up the total value of everything, it’s about $800 trillion.

Now if you take the owners of all that stuff, you own a little bit of it, I own a little bit of it, we all own a little bit, if all the owners of all that stuff allocate just 1% of their portfolio to Bitcoin that would be a flow of $8 trillion. That would put Bitcoin at $500,000, simple as that.”

Bitcoin is trading for $111,087 at time of writing, up 2% in the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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The first US-listed spot Solana exchange-traded fund (ETF) received $21 million of net inflows on July 8, lifting its running total to $41.2 million, based on Farside Investors’ data. 

The one-day addition to the Rex-Osprey’s Solana + Staking ETF (SSK) 104% of the $20.2 million raised over the previous three trading sessions, effectively doubling net inflows.

Falling short of BTC and ETH

SSK began trading on July 2 with a 0.75% management fee, triple the 0.25% headline charge that BlackRock and Fidelity levy on their Bitcoin (BTC) and Ethereum (ETH) products. 

Comparing the first four trading days for each asset class reveals a disconnect between the flows and the market capitalization of the underlying assets.

Bitcoin spot ETFs earned about $2.9 billion during their first four sessions in January, which is roughly 0.34% of BTC’s market capitalization at the time. 

Ethereum spot ETFs absorbed almost $1.2 billion over their opening quartet in late June, or 0.3% of Ether’s market value once Grayscale’s legacy outflows are stripped out, per the same dataset. 

By contrast, Solana’s $41.2 million equates to approximately 0.05% of SOL’s circulating supply, roughly 16.7% of the penetration level achieved by the earlier Bitcoin and Ethereum launches.

Fee drag and single-issuer structure

One reason for the divergence is the cost. Rex-Osprey’s 0.75% levy ranks as the highest among US spot crypto ETFs, while its seed inventory of just $600,000 suggests limited authorized participant warehousing capacity. 

Fidelity and BlackRock launched their Bitcoin funds with seed baskets exceeding $300 million and fee-waiver schedules that decreased to 0.12% and 0.20% during the first year.

Furthermore, Rex-Osprey remains the sole issuer of Solana ETFs, whereas nine issuers competed in Bitcoin’s debut and eight launched Ethereum products. 

While the small base and higher expense ratio leave SSK’s early intake below that of its large-cap counterparts, the fund’s doubling on July 8 shows an incremental appetite from allocators undeterred by cost. 

Mentioned in this article

In a nutshell: Sony’s PC porting strategy has been clear from the start. It is in no rush to follow Xbox’s multiplatform strategy. It wants to preserve the value of the PlayStation 5 by making sure high-end exclusives like Spider-Man and God of War remain showcases for the console first – and only reach PC when the timing feels right.

Sony Interactive Entertainment’s Studio Business Group CEO Hermen Hulst says the company is continuing to take a “measured” approach to porting major first-party games to PC. Although Sony has expanded into the PC market in recent years, it has done so far more slowly than competitors like Microsoft, which now releases most of its games simultaneously on Xbox and PC.

“We’re really thoughtful about bringing our franchises off console to reach new audiences,” Hulst said during a business segment presentation on Friday. “We’re taking a very measured, very deliberate approach in doing that.”

Single-player games such as Spider-Man 2 and God of War Ragnarok have launched on PC well after their PlayStation 5 debut. Sony designs first-party releases to showcase its hardware and drive console sales. Maintaining an exclusivity window protects the PlayStation brand’s value while allowing the company to grow its audience on PC.

Stellar Blade and TLoU Part II Remastered are the most recent PC ports from PlayStation Studios.

Video Games Chronicle says Hulst explained to investors that PlayStation exclusives serve as a key point of differentiation for the brand, designed to highlight performance and quality that only the console can deliver. He emphasized that Sony is deliberate in deciding if and when to bring these titles to other platforms, ensuring players receive the best possible experience on each.

While PlayStation began porting very old exclusives to PC a few years ago, more recent adaptations have been newer. Stellar Blade, which landed on PS5 in April 2024, has seen tremendous success on PC since its port launched less than a week ago. Former PlayStation executive Shuhei Yoshida said that despite not offering day-one releases like Xbox, Sony is “printing money” with PC ports. Indeed, in 2023, Sony projected an increase in revenue from PC sales of nearly half a billion dollars.

Sony Interactive Entertainment CEO Hideaki Nishino said the company is closely monitoring player behavior to inform its strategy. Responding to Microsoft’s move toward simultaneous multiplatform releases, Nishino expressed confidence in Sony’s current approach, noting that healthy competition drives innovation across the gaming industry. While new engagement models are emerging, he emphasized that Sony sees no urgent need to change course.

“We think that competition in the business … pushes us to innovate,” Nishino-san said. “We are confident and committed to our current strategy, and there isn’t an urgent need for us to pivot.”

Sony has said it plans to increase its efforts in live service and PC gaming. However, for now, its biggest games will remain exclusive to PlayStation consoles for a period, reinforcing the platform’s role as the premier place to experience these flagship titles before they arrive elsewhere.

ARK Invest CEO Cathie Wood is staying committed to her bullish outlook on Bitcoin (BTC), saying that the top digital asset still has much further to climb.

In a new interview on CNBC Television, Wood says Bitcoin has “miles to go” before it peaks due to a combination of dwindling supply and rising interest from institutions.

According to Wood, her base-case price target of the flagship digital asset in 2030 is between $700,000 and $750,000, while her bull case target is around $1.5 million. A rise to Wood’s base-case price would represent about a 573% increase from current levels.

“Our analyst and our on-chain analyst put [out a] piece recently, and you can see the building blocks, how much share we expect Bitcoin to either take from gold or grow that store-of-value market, institutions moving in – and they’ve barely moved in, we have a million more coins, roughly, to be minted ever, and institutions are just testing the waters right now – and then there’s the emerging market use cases as well.

So we think we have miles to go.”

Last January, ARK Invest launched its ARK 21Shares Bitcoin ETF (ARKB), a BTC-based exchange-traded fund (ETF). Data from Bitcoin Treasuries shows that ARK currently holds 48,363 Bitcoin worth about $5 billion.

Bitcoin is trading for $103,970 at time of writing, up 9.9% in the last seven days.

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ARK Invest CEO Cathie Wood says that Bitcoin (BTC) remains on track to hit a price target of at least $700,000 within years.

In a new interview on CNBC’s Squawk Box, Wood says ARK continues to predict Bitcoin will increase at least 580% of its current value by 2030.

“We have always had a 2030 target, the base case in the $700,000 to $750,000 range, the bull case in the $1.5 million range.”

Wood says there are three driving factors behind the massive Bitcoin price prediction.

“David Puell, our analyst and our on-chain analyst, put that piece out recently, and you can see the building blocks, how much share we expect Bitcoin to either take from gold or grow that store-of-value market, institutions moving in – and they’ve barely moved in, we have a million more coins, roughly, to be minted ever, and institutions have are just testing the waters right now – and then there’s the emerging market use cases as well. So we think we have miles to go.”

Wood also says that the US has been in a recession, but that it will soon come to an end after there’s more clarity around President Trump’s tariff negotiations, opening up the door for massive economic growth, in part driven by advances in artificial intelligence (AI).

“I just put out a letter talking about the rolling recession we’ve been in for the last three years, since the Fed jacked up rates. We got a negative quarter in the first quarter, and potentially in the second quarter as well. And I think more and more people are getting concerned about an extended recession, and amid all the uncertainty, we actually think we’re at the end of this rolling recession, and that we are moving into a period, after all of this uncertainty, of much greater productivity.

And interestingly, if you look at the government sector, we’re seeing unbelievable productivity moves taking place. There’s a video out there between the new head of the FDA (U.S. Food and Drug Administration), and the new head of CDER (Center for Drug Evaluation and Research), and they’re talking about generative AI in reviewing studies, medical trials, that cut work from days to minutes. So there’s a lot of productivity I think evolving in the ecosystem…

I think we’re going to see a lot more productivity driven growth, which means inflation is going to be much lower than expected, which is going to be very capital friendly.”

Bitcoin is trading for $102,811 at time of writing, up 2.4% in the last 24 hours.

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Metaplanet CEO Simon Gerovich has addressed growing concerns from shareholders over the company’s declining stock price, reaffirming the firm’s long-term strategy centered around Bitcoin (BTC) accumulation and value creation.

In a message posted Tuesday on X, Gerovich emphasized that the Japanese investment firm is committed to building lasting corporate value, rather than chasing short-term stock price movements.

“Some shareholders have expressed concerns about our share price,” Gerovich wrote. “We take these concerns seriously and would like to express our sincere gratitude to all shareholders for their continued support and belief in our vision, even in today’s volatile market environment.”

Despite Stock Slide, Metaplanet CEO Stands Firm on Bitcoin Accumulation Plan

Metaplanet’s stock, listed in Tokyo, has fallen 15.8% over the past month and is down 7.6% year-to-date.

The recent dip follows a broader cooling in Bitcoin proxy stocks, including MicroStrategy, despite Bitcoin itself holding gains in 2025.

Still, Metaplanet’s stock remains up over 860% since it first launched its Bitcoin treasury strategy in April 2024.

source: TradingView.

Gerovich pinpointed that short-term fluctuations in stock price don’t necessarily reflect the company’s performance.

“We are steadily executing on a clear strategy as a Bitcoin treasury company, aiming to become one of the most valuable companies in the world in the future, and we are demonstrating our progress with clear KPIs,” he said.

Last week, Metaplanet announced the purchase of 330 BTC, worth around $28 million, bringing its total holdings to 4,855 BTC.

The firm remains on track to meet its goal of acquiring 10,000 BTC by the end of the year, despite broader market uncertainties and macroeconomic pressures.

At current market value, its BTC holdings are worth approximately $430 million, making it the largest corporate Bitcoin holder in Asia and the tenth largest globally.

According to Gerovich, the company’s growth is not only in assets but also in investor interest. “We’ve seen about a sevenfold increase in shareholders,” he said, citing growing institutional interest and inclusion in ETFs and indexes.

Metaplanet’s BTC Yield Hits 119%, Far Surpassing Quarterly Target

Metaplanet evaluates its performance using a metric called BTC Yield, which measures the change in the ratio of total Bitcoin held to fully diluted shares outstanding. Year-to-date, the firm’s BTC Yield stands at 119.3%, well above its quarterly target of 35%.

The company also tracks what it calls BTC Gain, a measure of value generated through financial strategies beyond spot purchases.

In one example, Metaplanet used cash-secured put options to acquire $67.9 million worth of Bitcoin with only $62.7 million in capital. Overall, the firm claims to have generated an additional 2,174 BTC through such methods.

“These are not future ‘hopes,’ but results that have already been achieved,” Gerovich said, noting that he himself is a major shareholder and thus closely aligned with the interests of other investors.

He added, “That is why I always prioritize shareholder interests in all my decisions. Our goal is to maximize the value of our shares and the amount of bitcoin held per share, creating value in the long term.”

While acknowledging that current market sentiment may not reflect the company’s fundamentals, Gerovich remains confident.

“Stock prices will not necessarily reflect these results in the short term, but we are confident that over the medium to long term they will converge to fundamentals,” he said. He ended by saying, “We’re just getting started.”

The post Metaplanet CEO Doubles Down: 10K BTC Goal, Yield Soars 119% appeared first on Cryptonews.

Rich Dad Poor Dad author Robert Kiyosaki is doubling down on Bitcoin (BTC) and precious metals as he warns of a possible US economic collapse.

Kiyosaki tells his 2.7 million followers on the social media platform X that the market selloff this week may indicate the “everything bubble” is on the verge of collapse.

“The everything bubble is bursting. I am afraid this crash may be the biggest in history. Germany, Japan and America have been the engines up to now. Unfortunately, our incompetent leaders led us into a trap, giant crash. I wrote about this crash in my book Rich Dad’s Prophecy. This crash is going to be bigger than the 1929 crash, a crash that led to the Great Depression.

It is normal to be disturbed and fearful. Just do not panic, be stoic, which means keep your cool, take deep breaths, keep your eyes wide open and mouth shut. While millions will be crushed, you do not have to be one of them. In 2008, I waited, letting the panic and dust settle and then started to look for great real assets on sale – at deep discounts.”

He suggests that the best stores of value during an economic crash are gold, silver, Bitcoin, and real estate.

“Simply said, this crash the world is going through just might be the opportunity of your lifetime. Be stoic and be cool no matter how turbulent things get. I will continue to acquire real estate, gold, silver and Bitcoin – on sale.”

The best-selling author also predicts that at some point during Donald Trump’s presidential term, the US will start buying Bitcoin as a way to fix the government’s financial troubles, pumping BTC.

“People who sold Bitcoin in the last crash are losers. Don’t they know who the President of the United States is? President Trump, the right president at the right time understands the power of Bitcoin. When he begins buying Bitcoin to help solve America’s financial insanity those who bought Bitcoin in the last crash will be the winners and those who sold will be the biggest losers. I bought more Bitcoin. Did you?”

Bitcoin is trading for $82,716 at time of writing, up 4.4% in the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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