Quantity Funds Launches BTGD ETF for Bitcoin & Gold Exposure
Quantity Funds has introduced the STKD Bitcoin & Gold ETF (BTGD), a new investment vehicle that offers exposure to both gold and Bitcoin. This comes at a time when these assets are seen as strong hedges against inflation and currency devaluation, making them particularly relevant in today's economic climate.
The BTGD ETF, issued by 21Shares and launched in July 2021, provides exposure to gold and Bitcoin through futures and exchange-traded products, rather than direct investment in cryptocurrencies or physical gold. This approach allows investors to gain $1 of exposure to both assets for every $1 invested in the ETF.
BlackRock, a prominent investment management corporation, has recently described Bitcoin (BTC) as a 'risk-free asset'. This endorsement could enhance Bitcoin's appeal to both institutional investors and retail traders, further boosting the BTGD ETF's potential. Moreover, JPMorgan analysts have suggested that the potential return of Donald Trump to the U.S. presidency and growing economic instability could favor Bitcoin's growth in 2025, potentially benefiting BTGD ETF investors.
The BTGD ETF offers investors a convenient way to gain exposure to gold and Bitcoin, two assets that are increasingly seen as safe havens in uncertain economic times. With BlackRock's endorsement of Bitcoin and positive forecasts for its growth, the BTGD ETF could be an attractive option for those looking to protect their portfolios from inflation and currency depreciation.
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