STKD has announced the launch of a new exchange-traded fund combining investments in Bitcoin and gold, amid growing interest from investors in assets that can hedge against inflation and currency debasement.

Launch of new ETF from STKD

Fund issuer STKD introduced a new ETF named STKD Bitcoin & Gold ETF (BTGD), offering investors the opportunity to invest in Bitcoin and gold. This move is driven by the so-called 'debasement trade,' particularly relevant ahead of the United States presidential elections in November.

Investment strategy in Bitcoin and Gold

The new ETF is designed to offer $1 of exposure to Bitcoin and $1 to a gold portfolio for every $1 invested. This approach includes the use of futures and other assets tied to the price of Bitcoin and gold.

ETF Market Ahead of US Elections

Ahead of the elections, there is an increase in the number of proposed cryptocurrency ETFs. Other companies, such as Canary Capital and Bitwise, have also filed to launch ETFs specializing in XRP and Litecoin (LTC).

The launch of the new ETF by STKD reflects the rising interest in investments that can offer protection against macroeconomic risks, increasing amid geopolitical instability and financial market uncertainty.