ARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%

“Over the last seven years, Bitcoin has registered an annualized return far surpassing that of major asset classes, with an optimal allocation rising to 19.4% in 2023,” the firm wrote. “Our analysis suggests that allocating 19.4% to Bitcoin in 2023 would have maximized a portfolio’s risk-adjusted returns.”