Every Angle Covered.
Published loading...Updated

BTC News: Wall Street Giant Cantor Fitzgerald to Launch Gold Protected Bitcoin Fund

  • On May 30 in Las Vegas, Cantor Fitzgerald introduced its inaugural Bitcoin-focused investment vehicle, the Gold Protected Bitcoin Fund, during the Bitcoin 2025 event.
  • The fund aims to address traditional investors' concerns about Bitcoin's volatility by combining Bitcoin exposure with one-to-one downside protection linked to gold prices.
  • Designed to span a five-year term, this fund aims to deliver full Bitcoin upside exposure while utilizing gold to protect against potential losses, creating a connection between traditional financial markets and cryptocurrency.
  • Brandon Lutnick emphasized that many individuals remain hesitant about bitcoin, and the goal is to encourage their participation in the digital asset ecosystem.
  • This fund could encourage broader market adoption of hybrid investment products and stimulate further integration of traditional finance and digital assets.
Insights by Ground AI
Does this summary seem wrong?

16 Articles

All
Left
Center
3
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Coin Desk broke the news in Manila, Philippines on Thursday, May 29, 2025.
Sources are mostly out of (0)