Bitcoin Could Hit $1 Million Says Coinfund's Ginns

The video discusses Guggenheim's interest in cryptocurrency, particularly Bitcoin, and features insights from Scott Minerd. Minerd shares his views on Bitcoin's valuation, predicting it could reach $400,000, and discusses its potential as an institutional asset. He compares Bitcoin's growth to Tesla's past performance and suggests that Bitcoin could reach $500,000 to $1,000,000 in the near future.

What does the speaker imply about Bitcoin becoming an institutional asset class?

What year does the speaker suggest Bitcoin could reach a price of 500,000 to 1,000,000?