BREAKING
337d 21h ago

Bitwise Launches Innovative Bitcoin & Gold ETP for Dynamic Risk Management

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

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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