Cantor Fitzgerald launches a new type of Bitcoin fund, Gold Protected Bitcoin Fund

BTC-0.96%
Golden Finance reports that asset management giant Cantor Fitzgerald Asset Management has announced the launch of a new type of Bitcoin fund, the Gold Protected Bitcoin Fund. This is an innovative structured investment product that combines the enormous growth potential and adoption of Bitcoin with gold-based downside protection. If the price of Bitcoin falls, the fund will leverage the performance of gold to protect up to 100% of the original investment. The extended investment period can maximize the reduction of short-term fluctuation risks and lessen the impact of soaring correlation, while continuing to benefit from Bitcoin's long-term rise trend.
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