Gold, Bitcoin, and a Wild Investment Ride!

Behold, the alchemy of finance! Bitwise unveils an ETP that teeters on the edge of audacity, nodding fervently at Bitcoin’s roaring ambition while giving a sly wink to gold’s timeless stoicism 🤔💰.

In the swirling maelstrom of cryptic investments, join the Bitwise Diaman Bitcoin & Gold ETP (BTCG)—an enigmatic duo that plays musical chairs with market conditions using the Diaman Bitcoin & Gold Index. Aren’t you positively trembling with excitement yet? 🤷

“As crypto embraces the limelight, we remain obsessed with gifting investors the entire toy aisle of traditional options—sophisticated hedges included. Think of it as a financial Swiss Army knife, but shinier,” quipped Bradley Duke, Head of Bitwise Europe, perhaps while twirling his metaphorical monocle.

Bradley Duke

BTCG smirks at market turbulence by monthly rebalancing using ULCER indices (sounds funky but serious), which measure downside vibes. The assets themselves? Oh, just casual physical Bitcoin lounging next to Pax Gold, a token tied to gold chilling in LBMA vaults. All cuddled up in cold storage like a doomsday prepper’s dream.

To spice things up, they slapped a 1.49% expense ratio per year onto this sizzling package. Issued in Germany—for that flair of precision—BTCG debuts today on Euronext Paris and Amsterdam. Welcome to the dance floor, tech-savvy investors and cautious hedgers alike! 💃🕺

This cryptic launch coincides with Bitwise flexing across Europe, giddily acquiring ETC Group and hosting a rebranding fest. Add-ons include new toys like the Bitwise Solana and Bitwise Aptos Staking ETPs. Because who doesn’t want more glitter and guts in their portfolio, right? 😎

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2025-03-06 15:28