STKD launches Bitcoin and gold ETF as ‘debasement trade’ gains traction
The fund touts leveraged exposure to Bitcoin and gold as investors brace for inflation and geopolitical strife.
Fund issuer Stacked, also known as STKD, has launched an exchange-traded fund (ETF) touting leveraged exposure to Bitcoin (BTC) and gold as investors embrace the so-called “debasement trade” ahead of the United States presidential elections in November.
According to the Oct. 16 announcement, STKD Bitcoin & Gold ETF (BTGD) aims to offer investors “the opportunity to invest in two scarcity assets that may protect against future inflation and currency debasement.”
The actively managed ETF is designed to deliver $1 of exposure to BTC and $1 to a gold portfolio for every $1 put into the fund. It intends to hold a mix of ETFs and futures tied to the price of BTC and gold.
Go to Source
Author: Alex O’Donnell
