ETFs & Mutual Funds

Wall Street Brings the Bitcoin-Versus-Gold Clash to ETF Masses

Gold hit successive records this year on haven demand.Photographer: Angel Garcia/Bloomberg
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The culture clash between Bitcoin enthusiasts and gold bugs is about to be played out in the world of exchange-traded funds.

Tidal Financial Group this week filed to launch a pair of long-short trades — pitting the world’s biggest cryptocurrency against the shiny metal, and vice versa — offering investors a high-conviction bet on the best alternative hedge, in one fell swoop.