BREAKING
340d 2h ago

Bitwise Launches Innovative Bitcoin & Gold ETP for Dynamic Risk Management

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On March 6th, the asset management firm Bitwise announced the launch of its innovative ETP, the Bitwise Diaman Bitcoin & Gold ETP (BTCG). This financial instrument, listed on the Euronext Paris and Amsterdam stock exchanges, represents a significant advancement in the realm of crypto investments. The ETP is designed to track the performance of both Bitcoin and Gold, utilizing a strategy that reallocates assets dynamically based on prevailing market conditions.

The BTCG’s unique index aims to optimize returns by capitalizing on the cyclical nature of risk-on and risk-off trends within the financial ecosystem. Investors can anticipate a well-balanced exposure to both cryptocurrency and traditional commodities, making it an attractive option for those looking to enhance their portfolio’s resilience. Bitwise’s approach signifies a growing recognition of digital assets alongside established safe havens, underscoring the evolution of the investment landscape.

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