Investments in exchange-traded funds (ETFs) broke all records last year, boasting assets under management of $ 3.4 trillion USD. In this regard, a Bitcoin-based ETF managed by ARK Investment Management LLC became the best-performing ETF of 2017, delivering gains of over 87 percent. In parallel, more investment institutions are rushing petitions to the U.S. Securities and Exchange Commission (SEC) to launch Bitcoin-based ETFs.
Investing in Bitcoin and Disruptive Technologies Was Profitable in 2017
Fourth Industrial Revolution innovations such as Bitcoin, artificial intelligence, and driverless cars are becoming quite profitable to financial companies focusing on disruptive technologies.