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Calamos CEO John Koudounis reaffirms $1M bitcoin forecast for 2030

Calamos CEO John Koudounis reiterates his $1M bitcoin prediction for 2030, citing bank lending to bitcoin, plus falling volatility and new ETFs.

09/10/2026 13:446 min read

From Bitcoin Magazine: Calamos Investments CEO John Koudounis on bitcoin reaching $1 million by 2030.

Is bitcoin set for a “huge awakening” by 2028? John Koudounis, the CEO of Calamos Investments, answers yes and remains firm on his $1 million bitcoin call by 2030. He says banks lending against bitcoin, lower volatility and newly developed ETF products could unlock the world’s largest pools of advised capital. He also touches on the Clarity Act and bitcoin’s status as a commodity.

Chapters:
0:00 – France bond stress and Greece's debt crisis, with Calamos CEO John Koudounis
1:05 – The eight-year bitcoin research effort Calamos completed before it invested
2:34 – The first bitcoin ETF with downside protection
4:25 – Strategy's change from convertible notes to perpetual preferreds
6:00 – The current appetite for bitcoin among sovereign wealth funds and big banks
7:12 – How the 100%, 90% and 80% protected bitcoin ETFs function
9:11 – The reasons financial advisors are still staying away from bitcoin
10:36 – Capital controls, Cyprus and the debanking issue
13:16 – Bitcoin versus gold: why finite has the edge over scarce
16:21 – The 2028 outlook for bitcoin and the $1 million target

Disclaimer: The opinions and views expressed in this program are those of the participants and are not necessarily the official policy or position of BTC Inc., Bitcoin Magazine or any affiliated entities. This material is for informational and educational purposes only and should not be read as investment, legal, tax or accounting advice. Nothing in this show is a solicitation, recommendation, endorsement or offer to buy or sell any security or financial instrument. Viewers should talk to their own advisors before making financial or business decisions.

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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.

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