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CryptoIntelligence 2024-10-17 07:04:00

STKD Launches New ETF With Leveraged Exposure to Bitcoin and Gold

Fund issuer Stacked (STKD) has launched a new exchange-traded fund (ETF) that provides leveraged exposure to both Bitcoin (BTC) and gold, capitalizing on the growing “debasement trade” trend ahead of the U.S. presidential elections in November. In an announcement on October 16, STKD introduced the Bitcoin & Gold ETF (BTGD), designed to offer investors exposure to “two scarcity assets that may protect against future inflation and currency debasement.” The actively managed ETF aims to allocate $1 to Bitcoin and $1 to gold for every $1 invested, utilizing a mix of ETFs and futures contracts linked to the prices of BTC

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