Bitwise and Proficio Capital Partners ETF targets gold, metals, bitcoin as alternative to currencies
From finance.yahoo.com
As geopolitical tensions soar and government debt loads rise in many nations, digital assets investment ​firm Bitwise and Proficio Capital Partners, a division of a Florida-based multi-family office, are rolling out an exchange-traded fund designed to invest in alternatives to the dollar and other currencies, ranging from gold to bitcoin. The Bitwise Proficio Currency Debasement ETF, launched on Thursday, will offer investors a blend of those alternatives, starting with a minimum of 25% of its assets ⁠in gold, which has climbed to record highs this year. But the fund's backers said the logic behind the fund is not ...
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