How Investors Should Approach Bitcoin, According to Ark Invest

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:...