Bitcoin has reached a significant milestone with its volatility dropping to a 563-day low, indicating its maturation as a global financial asset. This decrease in price fluctuation is associated with rising investor confidence and increased inflows into Bitcoin ETFs, with $970 million recorded in a single day recently. Veteran trader Arthur Hayes has made bold predictions, forecasting that Bitcoin could reach $1 million by 2028 due to aggressive monetary policies and growing institutional interest in the asset. Analysts suggest that the combination of reduced supply and sustained demand from institutional investors, along with the U.S. Treasury's market buybacks, may catalyze future price growth. Industry leaders, including ARK Invest's Cathie Wood, highlight the changing risk and return profile of Bitcoin as institutions begin to incorporate it into their portfolios, indicating a bullish sentiment surrounding its long-term value.

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