WHITE PAPER

Bitcoin a New Asset Class?

An analysis on the characteristics and investability of Bitcoin.

January 31, 2017 

ARK Invest and Coinbase explore the merit of bitcoin as the first of its kind in a new asset class—cryptocurrency—distinct from all other asset classes. Universally, we think traditional asset classes must meet the requirement of “investability." However, traditional asset classes then differ in their politico-economic features, correlation of price movements, and risk-reward profiles. In this paper, all four criteria are explored in the context of the major asset classes, with data updated through the end of 2016.

 

An Original Research White Paper by ARK Invest and Coinbase. Fill out the form to access the full white paper.

Fill out to download:

©2024, ARK Investment Management LLC (“ARK”). All content is original and has been researched and produced by ARK unless otherwise stated. No part of ARK’s original content may be reproduced in any form, or referred to in any other publication, without the express written permission of ARK. The content is available for informational purposes only and is subject to change without notice. All statements made regarding companies or securities or other financial information on this site or any sites relating to ARK are strictly beliefs and points of view held by ARK or the third party making such statement and are not endorsements by ARK of any company or security or recommendations by ARK to buy, sell or hold any security. For a list of all purchases and sales made by ARK for client accounts during the past year that could be considered by the SEC as recommendations, click here. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities in this list. For full disclosures, please see the Terms of Use for this site.