So the feature you want is to hide bookmarks, because you can just put as many as you want under one folder. The bookmarks exist and you're making it sound like they dont.
I'm not making it sound like they don't, the bookmarks feature as it exists in every other major browser, doesn't exist in Arc, as this thread has affirmed for me. That's fine, if that's how they want their browser to work, but it makes it incompatible with how I use a browser, which is why I was asking if that had changed or not.