Quantity Funds launches new Bitcoin and Gold ETF

Quantity Funds has introduced a new ETF that combines Bitcoin (CRYPTO:BTC) and Gold, providing investors with a diversified option aimed at hedging against inflation and currency depreciation. 

The STKD Bitcoin and Gold ETF was launched in collaboration with Return Stacked, enabling investors to access both assets within a single fund.

The ETF offers 100% exposure to strategies for both Bitcoin and Gold. 

The Bitcoin strategy focuses on tracking price movements through investments in Bitcoin futures and exchange-traded products (ETPs), while the Gold strategy achieves the same by investing in Gold futures and ETPs. 

This integration allows investors to navigate various market conditions, potentially mitigating risks associated with inflation.

Arthur Hayes, co-founder of BitMEX, has supported Bitcoin as a hedge, predicting its rise in value due to inflation driven by global conflicts. 

This perspective aligns with the ETF’s launch, as it aims to protect portfolios against economic downturns. 

Conversely, Peter Schiff, a prominent Gold advocate, continues to emphasize Gold’s value, highlighting that it recently set a new record above $2,680. 

Schiff argued that while Bitcoin has surged, Gold remains a reliable asset, noting that discussions on Bitcoin's rise often overshadow Gold's achievements.

David Dziekanski, CEO of Quantity Funds, expressed optimism about the ETF's launch. 

He emphasized the importance of educating advisors, institutions, and other stakeholders on the benefits of incorporating both Bitcoin and Gold into a balanced, capital-efficient portfolio. 

According to Dziekanski, the new fund reflects Quantity Funds' commitment to offering diversified financial products that cater to the evolving needs of investors.

The STKD Bitcoin and Gold ETF provides an accessible way for investors to diversify their portfolios and safeguard against economic uncertainties. 

At the time of writing, the Bitcoin (BTC) price was $67,655.65.