Ark Funds does not invest in Bitcoin. Bitcoin is not an investment vehicle that we would recommend to our clients. There are a number of reasons for this, but the most important ones are:
1) Bitcoin is highly volatile. Its price has been known to swing wildly up and down, making it a very risky investment.
2) There is no guarantee that bitcoins will retain their value. Unlike traditional investments such as stocks and bonds, there is no central authority backing up bitcoins.
This means that if the demand for bitcoins falls, there is nothing stopping their price from crashing.
3) Bitcoins are not regulated. This lack of regulation means that there is no protection for investors if something goes wrong.
For example, if a bitcoin exchange goes bankrupt, investors have no recourse to get their money back.
4) Bitcoins are often used for illegal activities. Because bitcoins are not regulated, they have been used to buy and sell illegal goods and services.
This means that investing in bitcoins could potentially put you at risk of breaking the law.
Overall, we believe that the risks associated with investing in bitcoins far outweigh the potential rewards. We would therefore not recommend Ark Funds clients to invest in this digital currency.