Bitcoin Diversification Secret Revealed: ARK Invest Recommends 20% Allocation in Investment Portfolios for Maximized Returns in 2024
NEW YORK, NY – Bitcoin has emerged as an effective way to diversify and balance traditional investment portfolios, according to the annual Big Ideas report for 2024 by Cathie Wood’s ARK Invest. The report recommends allocating just under 20% of one’s portfolio to Bitcoin, citing its impressive annualized returns over the past seven years. The firm’s analysis suggests that allocating 19.4% to Bitcoin in 2023 would have maximized a portfolio’s risk-adjusted returns. This marks a …