Asset manager Bitwise has announced a new exchange-traded product (ETP) that tracks both bitcoin (BTC) and gold.
The Bitwise Diaman Bitcoin & Gold ETP (BTCG) began trading on Euronext Paris and Amsterdam on Thursday.
This ETP mirrors the Diaman Bitcoin and Gold Index, which dynamically adjusts the allocation between BTC and gold based on their risk-adjusted performance. This approach helps take advantage of market cycles, where investors switch between riskier assets like bitcoin and safer options like gold.
While bitcoin is often referred to as digital gold, it typically moves in tandem with riskier assets like tech stocks rather than following gold closely. For instance, in February, gold hit record highs due to concerns over U.S. President Trump’s tariff plans, while bitcoin saw a decline of almost 17%.
Further, bitcoin is often dubbed “digital gold,” its price movements have historically aligned more closely with riskier assets like tech stocks rather than traditional safe havens like gold. For example, in February, gold soared to record highs amid concerns over U.S. President Trump’s tariff plans, while bitcoin experienced a 17% decline during the same period. This divergence highlights the unique value of the BTCG ETP, which intelligently balances exposure to both assets to optimize returns and manage risk.
From Bitwise Diaman Bitcoin & Gold ETP, investors can now access a smarter, more adaptive way to navigate the ever-changing financial landscape. Whether you’re bullish on the future of digital assets or seeking the timeless security of gold, this innovative product offers a compelling solution for modern portfolios. Don’t miss your chance to invest in the future of wealth preservation and growth!
