Ark Invest: Bitcoin Primed for Bull Run in 2024 as Halving and Spot ETFs Drive Adoption
• Ark Invest report "Big Ideas 2024" says Bitcoin halving in April 2024 will cut inflation rate in half, potentially catalyzing next bull market • Bitcoin spot ETFs introduced in January 2024 should increase accessibility and reduce complexities of investing in Bitcoin • Crypto collapses are accelerating push for clearer global cryptocurrency regulations • Bitcoin functions as hedge against counterparty risk and store of value over 5+ year timeframe • Armed with data, Ark Invest reinforces Bitcoin's role in diversifying investment portfolios