Quantity Funds has teamed up with Return Stacked to introduce a US Bitcoin and Gold ETF that combines both assets within a single investment vehicle. This new ETF, named STKD Bitcoin & Gold ETF, offers 100% exposure to both Bitcoin and Gold, allowing investors to benefit from the unique features of each asset. The launch comes amid ongoing debates among market experts, including economist Peter Schiff, on which asset offers greater value.
Quantity Funds Introduces STKD Bitcoin & Gold ETF:
In a recent press release, Quantity Funds announced the launch of the STKD Bitcoin & Gold ETF in collaboration with Return Stacked. This ETF aims to provide exposure to “two scarcity assets that may act as a hedge against inflation and currency debasement.” By combining BTC and Gold strategies into one fund, it offers a diversified approach to safeguarding against economic uncertainties.
The Bitcoin component of the ETF will invest in Bitcoin futures and exchange-traded products (ETPs) to capture the full price movements of BTC. Similarly, the Gold strategy will invest in Gold futures and ETPs to track the price of the precious metal. According to Quantity Funds, this unique approach allows investors to capitalize on both assets’ potential for capital appreciation and portfolio hedging.
David Dziekanski, CEO and CIO of Quantity Funds, expressed enthusiasm for the new offering, stating, “We’re excited to bring this new fund to market and educate advisors, institutions, and others on how combined exposure to Bitcoin and Gold can enhance a well-constructed, capital-efficient portfolio.”
Peter Schiff Fuels Bitcoin vs. Gold Debate:
Economist and gold advocate Peter Schiff continues to stoke the ongoing debate between Bitcoin and Gold. In a recent social media post, Schiff criticized what he called the “meaningless, Trump-inspired Bitcoin pump,” emphasizing that while Bitcoin’s price has been fluctuating within a range for the past seven months, Gold has been consistently setting new record highs, with the latest surpassing $2,680. He also pointed out that media coverage tends to focus on Bitcoin’s rallies, such as its recent surge to $67,000, while overlooking Gold’s steady climb.
Schiff’s comments highlight the enduring debate over the comparative benefits of Bitcoin and Gold, even as Quantity Funds’ new ETF seeks to provide investors with a way to invest in both simultaneously, combining the strengths of both assets within a single portfolio.
