The STKD Bitcoin & Gold ETF (BTGD) has launched, offering a unique investment vehicle that combines exposure to both bitcoin and gold. For every $1 invested, BTGD aims to provide 100% exposure to its bitcoin strategy and 100% exposure to its gold strategy. This 'stacked' approach is a new twist on portable alpha, potentially offering excess returns and diversification.
The ETF invests in bitcoin futures, gold futures, and related ETPs to capture the price returns of both assets. It's designed to provide exposure to two scarcity assets that may protect against future inflation and currency debasement. BTGD is actively managed and is the first ETF to combine bitcoin and gold in this manner.
The fund is a collaboration between Quantify Funds and returnstackedetfs.com (co-owned by Newfound Research & Resolve Asset Management SEZC). It aims to offer a solution for investors looking for both capital appreciation and portfolio hedging.