Bitwise Unveils Exchange-Traded Product Tracking Bitcoin and Gold

Bitwise Diaman Bitcoin & Gold ETP Commences Trading on Euronext Paris and Amsterdam

The Bitwise Diaman Bitcoin & Gold ETP (BTCG) replicates the Diaman Bitcoin and Gold Index, which dynamically reallocates value between BTC and gold, depending on the risk-adjusted performance of bitcoin, thus taking advantage of cyclical trends between risk-on and risk-off behavior in financial markets.

While bitcoin is often described as a form of digital gold, it often tracks risk assets like tech stocks rather than the yellow metal.

For example, gold ascended to record highs in February amid concerns about U.S. President Trump’s tariff plans. BTC, on the other hand, fell nearly 17%.

How It Works

The Diaman Bitcoin and Gold Index is a rules-based index that dynamically adjusts its allocation between the two assets based on their relative performance. This allows investors to benefit from the potential upside of both bitcoin and gold, while also providing a market hedge.

By combining the two assets, the index seeks to provide a more balanced and diversified portfolio, reducing the overall risk of investing in a single asset class.

Why is This Important?

The launch of the Bitwise Diaman Bitcoin & Gold ETP is significant because it provides investors with a new way to access the growing digital asset market, while also offering a hedge against market volatility.

As the digital asset market continues to grow, investors are seeking new and innovative ways to access these assets, and the Bitwise Diaman Bitcoin & Gold ETP provides a unique solution.

FAQs

• What is the Bitwise Diaman Bitcoin & Gold ETP?
  The Bitwise Diaman Bitcoin & Gold ETP is an exchange-traded product that tracks the Diaman Bitcoin and Gold Index, which combines the performance of bitcoin and gold.
• How does the Diaman Bitcoin and Gold Index work?
  The Diaman Bitcoin and Gold Index is a rules-based index that dynamically adjusts its allocation between bitcoin and gold based on their relative performance.
• Why is this important?
  The launch of the Bitwise Diaman Bitcoin & Gold ETP is significant because it provides investors with a new way to access the growing digital asset market, while also offering a hedge against market volatility.
• How can I access the Bitwise Diaman Bitcoin & Gold ETP?
  The Bitwise Diaman Bitcoin & Gold ETP is listed on Euronext Paris and Amsterdam, and can be traded through a brokerage account.

Conclusion

The launch of the Bitwise Diaman Bitcoin & Gold ETP is a significant milestone in the development of the digital asset market, providing investors with a new way to access this growing market while also offering a hedge against market volatility. With its unique combination of bitcoin and gold, the Bitwise Diaman Bitcoin & Gold ETP is an attractive option for investors looking to diversify their portfolios and benefit from the potential upside of both assets.