Bitwise Asset Management has launched a new exchange-traded fund (ETF) combining Bitcoin, precious metals, and mining stocks, as asset managers expand the role of cryptocurrencies within macroeconomic and capital preservation strategies. On Thursday, Bitwise unveiled the Bitwise Proficio Currency Debasement ETF, which trades on the NYSE under the ticker BPRO. The actively managed fund aims to address the erosion of fiat currency purchasing power through a diversified portfolio that includes Bitcoin, precious metals, and mining company equities. As reported by Cointelegraph, unlike spot Bitcoin ETFs, BPRO allows for ... (full story)