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How Investors Should Approach Bitcoin, According to Ark Invest
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While bitcoin (BTC) is far from a traditional asset that can be analyzed using conventional frameworks, the blockchain still offers many ways of analyzing the asset, Cathie Wood’s Ark Invest said in a newly published whitepaper.
In the paper, titled A Framework to Evaluate Bitcoin, the firm made the case for evaluating the number one cryptocurrency as an investable asset through three layers, with each layer being relevant for a different class of investors:
Ark Invest’s whitepaper was written by
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