Bitwise Launches Europe’s First Bitcoin-Gold Hybrid ETP
Asset management company Bitwise launched an exchange-traded product (ETP) tracking Bitcoin and gold on March 6th on the pan-European exchanges in Paris and Amsterdam.
The product, named Bitwise Diaman Bitcoin Gold ETP (BTCG), replicates the Diaman Bitcoin and Gold Index, which adjusts performance based on the risk of Bitcoin, dynamically reallocating value between BTC and gold to take advantage of the cyclical trends between risk preferences and risk aversion behaviors in financial markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hyperliquid Loses $4M After Whale's Over $200M Ether Trade Unwinds
Crypto trading volume slumps, signaling market exhaustion: Analysis
An ETH whale liquidated 6,401 ETH, losing $1.974 million
Solana Foundation announces funding for Web3 mobility and payments platform Nomadz
Trending news
MoreCrypto prices
More
