STKD Bitcoin & Gold ETF Launch

An exchange-traded fund (ETF) targeting both bitcoin and gold launched on Wednesday. Named the STKD Bitcoin & Gold ETF, this fund is designed to provide a hedge against inflation and currency debasement according to Quantity Funds.

Fund Overview

• Ticker Symbol: BTGD
• Investment Strategy: The ETF aims to give investors exposure to both bitcoin and gold through bitcoin and gold futures and ETFs.
• Investment Structure: For every $1 invested in the ETF, investors receive 100% exposure to the combined bitcoin and gold strategy.

The bitcoin strategy captures returns from bitcoin investments in futures and ETFs, while the gold strategy mirrors this with investments in gold futures and ETFs.

Partnership and Designation

Quantity Funds collaborated with returnstackedetfs.com, co-owned by Newfound Research and Resolve Asset Management SEZC, under the brand name Stacked (STKD). The 'stacked approach' signifies combined investments, with the firm claiming BTGD is the first ETF offering this dual exposure effectively.

Market Context

This launch precedes the U.S. presidential election, where analysts from JPMorgan have a favorable outlook on crypto for 2025. Their report highlights the debasement trade, where investors turn to alternative assets like gold and bitcoin amid economic uncertainty. This trend may be amplified if former President Trump wins the election and enacts expansionary fiscal policies.