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The World’s First ETP Betting on Both Bitcoin and Gold Is Here

  • Product blends the ‘best of the old and new worlds of finance’
  • SEC remains hostile to idea of a physically backed Bitcoin ETF
Gold Bars at Solar Capital Gold Zrt. As Traders Seek Haven Amid Russia War
Photographer: Akos Stiller/Bloomberg

The first ever exchange-traded product combining Bitcoin and gold has launched in Europe -- offering the twin prospect of long-term returns and inflation protection, at least in theory. 

The novel ETP aims to bring together “the best of the old and new worlds of finance” by betting on the portfolio hedging power of gold along with the “strong” returns of the most well-known crypto token, the issuing parties said in a statement.