Gold

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/quantity-funds-launches-new-bitcoin-and-gold-etf/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Quantity Funds Launches New Bitcoin and Gold ETF</a> 
Quantity Funds announced the launch of a new U.S. Bitcoin and Gold ETF, allowing investors to access different assets through a single tool. This development coincides with debates among market experts, such as Peter Schiff, regarding the value of these two assets for investors.
<h2 id="bitcoin-and-gold-etf">Bitcoin and Gold ETF</h2>
Quantity Funds, in collaboration with Return Stacked, introduced the STKD Bitcoin and Gold ETF. This ETF combines BTC and Gold into a single fund, offering investors a chance to invest in two significant assets that can protect against future inflation and currency depreciation.
These assets, particularly BTC, may provide a safeguard against future inflation. Arthur Hayes, co-founder of BitMEX, predicts that Bitcoin will rise due to inflation caused by warfare.
According to the announcement, this fund will uniquely operate by providing 100% exposure to Bitcoin and Gold strategies. The Bitcoin strategy aims to capture every price movement of BTC by investing in Bitcoin futures and ETPs, while the Gold strategy seeks to capture price movements of Gold through investments in Gold futures and ETPs.
<h2 id="the-bitcoin-and-gold-debate">The Bitcoin and Gold Debate</h2>
Gold advocate and renowned economist Peter Schiff continued the discussion between Bitcoin and Gold. Schiff pointed out that while everyone focuses on the “senselessly Trump-inspired Bitcoin surge,” they overlook the significance of Gold reaching a new record above $2,680.
He questioned why Gold continues to set new records despite the increase in BTC prices, which has remained stagnant for seven months. Schiff referred to a CNBC interview that highlighted Bitcoin’s recent rally at $67,000, noting that Gold’s record high was not mentioned.
David Dziekanski, CEO of Quantity Funds, expressed excitement about the new fund’s launch and stated they are pleased to educate advisors, institutions, and others on the role of integrated investment in Bitcoin and Gold within a well-structured, capital-efficient portfolio.
The new Bitcoin and Gold ETF offers investors the opportunity to diversify their portfolios in various market conditions and provide protection against potential risks. Such products can create new opportunities for those considering investments in alternative assets. Investors can build a more resilient portfolio against inflation through this ETF.
The post <a href="https://en.coin-turk.com/quantity-funds-launches-new-bitcoin-and-gold-etf/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Quantity Funds Launches New Bitcoin and Gold ETF</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Quantity Funds Launches New Bitcoin and Gold ETF

Table of Contents

COINTURK NEWS

Other articles published on Oct 17, 2024

Italy plans to raise the capital gains tax on cryptocurrencies from 26% to 42%

5 High-Potential Cryptos Set to Outpace Ethereum with Explosive Growth

Dogecoin Price Prediction: DOGE Pumps 7% After Elon Musk Tweet As This Vote-To-Earn Meme Coin Cha...

Blockchain Life 2024 in Dubai: A Legendary Gathering of Market Insiders Ahead of the Bull Run

Juan Tacuri, Sosok di Balik Penipuan Ponzi Kripto Akhirnya Dipenjara

Bitget Announces Full Compensation Plan Following Sudden $BGB Token Crash

Join our free newsletter for daily crypto updates!