Winning Portfolio In 2016 — Gold, Treasuries and… Bitcoin


Winning Portfolio In 2016 — Gold, Treasuries and… Bitcoin

Last year, Ark Invest, a niche ETF company, purchased units of the Bitcoin Investment Trust (GBTC) and made one of its ETF the first to own bitcoin in some form. I’ll admit that I was skeptical, but hedged my skepticism somewhat by saying to treat bitcoin as a lottery ticket. This week’s bitcoin surge — the GBTC is up 34% — leaves the ARK Web x.0 ETF (ARKW) with a roughly 3.5% weight in the bitcoin trust. ARK Invest published a research report earlier this month, in conjunction with Coinbase, calling bitcoin an “new asset class” altogether.


About Philippe Splingart

ArtMaker Creator of the "Spynacker Green Fund" concept, (The "Green Fund Spynacker" Arbitrage Hedge Fund Method with very low leverage ) The reflexion point is to create an alternative in a changing world. Maintain the achievements and wealth of knowledge, Empower creation to develop an alternative management and to activate and enhance the development elements.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s