Bitcoin + Gold Hybrid ETF! U.S. SEC receives application for STKD Bitcoin&Gold ETF

STKD Bitcoin and Gold ETF

1. Definition

• Active Exchange Traded Fund (ETF)
• Aimed to provide investors with a mixed opportunity to invest in Bitcoin and gold

2. Investment Strategy

• Invest in Bitcoin and gold through futures contracts and exchange-traded products
• Mix two uncorrelated assets to reduce market volatility
• Leveraged tools, no direct investment in spot Bitcoin or physical gold

3. Expected listing date

• September 9, 2024

4. Related information

• US regulators have not yet reviewed
• ETF code and fees have not been disclosed

Market performance

Gold ETF

• SPDR Gold Trust (GLD)
• rose 14.4% this year
• market value of $62.7 billion

  

  And the Bitcoin spot ETF that was approved by the SEC for listing in January this year, BlackRock currently has the largest asset management scale at US$18.8 billion, up 31% so far this year.

  

  Taken together, the trends of the two this year are quite similar. If the STKD Bitcoin & Gold ETF can be successfully listed, whether a mixed investment portfolio such as Bitcoin + gold can bring better returns to investors deserves our continued attention.

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