Quantity Funds Launches STKD Bitcoin and Gold ETF
2024-10-16 21:11:34
Quantity Funds has announced the launch of the STKD Bitcoin and Gold ETF, which aims to mitigate future inflation and "currency devaluation". The fund, under the ticker symbol BTGD, aims to provide investment opportunities in both gold and bitcoin through bitcoin futures and ETFs, as well as gold futures and ETFs. The fund offers retail investors a model where every dollar invested in an ETF will provide a 100% investment opportunity for their bitcoin and gold strategies. "The bitcoin strategy seeks to capture a price return on bitcoin by investing in bitcoin futures and ETPs, while the gold strategy similarly seeks to capture a price return on gold by investing in gold futures and gold ETPs," the statement said.
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