Quantity Funds launches a new exchange-traded fund combining Bitcoin and gold, offering investors access to these key assets through a single investment vehicle.
Features of the New ETF
The STKD Bitcoin and Gold ETF is created in partnership with Return Stacked to provide full exposure to Bitcoin and gold. The fund uses futures and exchange-traded products to capture price fluctuations, making it appealing for those seeking protection against inflation and currency devaluation.
Relevance of Gold
Peter Schiff, a well-known gold advocate, highlights recent price surges in gold amidst debates about its and Bitcoin’s significance. Schiff criticizes the focus on Bitcoin's price dynamics while gold's achievements go unnoticed, asserting that gold remains an important asset.
Potential of the New Fund
David Dziekanski, CEO of Quantity Funds, expressed enthusiasm for the ETF's market impact, emphasizing the need to educate investors on the benefits of combining Bitcoin and gold in diversified portfolios. * The ETF provides unique access to Bitcoin and gold. * It aims for protection against inflation and currency risks. * The fund's strategy involves using various financial instruments to track price movements.
This innovative ETF presents investors with an opportunity to enhance their portfolios and shield them from market volatility, offering dual asset investment potential.