Bitcoin ARK Invest Research Report
#NFA #DYOR
Past. Present. Future.
Excerpt from ARK Invest's 2024 Big Ideas Research Report, Specifically on #Bitcoin.
(1) Bitcoin Has Outperformed Every Major Asset Over Longer Time Horizons
(2) Generally, Bitcoin Investors With A Long-Term Time Horizon Have Benefited Over Time
(3) What Would Be The Impact Of An Optimal Allocation Into Bitcoin?
Bitcoin Has Outperformed Every Major Asset Over Longer Time Horizons
Generally, Bitcoin Investors With A Long-Term Time Horizon Have Benefited Over Time
Instead of “when,” the better question is “for how long?”
Historically, investors who bought and held bitcoin for at least 5 years have profited, no matter when they made their purchases.
What Would Be The Impact Of An Optimal Allocation Into Bitcoin?
Allocations from the $250 trillion global investable asset base into bitcoin would have a significant impact on the price.
If the global asset base invested just 1% of assets, Bitcoin’s price could reach $120,000 per BTC.
If the global investment base allocated the 4.8% average maximum Sharpe ratio from 2015 to 2023, Bitcoin’s price would reach $550,000.
Following ARK’s 19.4% allocation, Bitcoin would be valued at a staggering $2.3 million per coin.
ARK Invest Big Ideas 2024
The investment management firm published its annual report on Jan. 31, which presents various research findings focused on the technological convergence of
(1) blockchain technology,
(2) artificial intelligence,
(3) energy storage, and
(4) robotics.
#ABCDEtheWorld
A significant portion of the report is focused on
(1) #Bitcoin (#BTC) portfolio allocation,
(2) the performance of the preeminent cryptocurrency since its inception, and
(3) a more focused perspective on its metrics over the past three years.
$2.3 million per Bitcoin?
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