In the report, the model predicts that Bitcoin will reach 2.3 million US dollars in the future!

On February 2, ARK Invest, a Bitcoin ETF issuer controlled by Cathie Wood, released a 160-page annual blockbuster report entitled

"Big Ideas 2024: Subverting Conventions, Defining the Future".

We know that among the 11 Bitcoin spot ETFs approved by the US Securities and Exchange Commission on January 10, ARK 21Shares Bitcoi ETF ARKB under Cathie Wood's ARK Invest is one of them.

In the "Bitcoin Allocation" section,

the report compares Bitcoin with commodities, real estate, bonds, and stocks from six dimensions: history, investability, fundamental value, rate of return, management, and cases.

The report states that Bitcoin outperforms all other assets over a longer time frame.

For example, over the past seven years, Bitcoin's annualized return has averaged about 44%, while other major assets have averaged 5.7%.

#Bitcoin#BTC☀