Key Highlights:
- Quantity Funds introduces a combined Bitcoin and Gold ETF, merging two of the most debated assets into one financial vehicle.
- While Peter Schiff clings to his gold bars, investors are split between Bitcoin’s explosive potential and gold’s steady rise.
Paradisers! Which would you rather trust, digital gold or the real shiny stuff? Quantity Funds just upped the stakes by launching the STKD Bitcoin & Gold ETF, designed to let investors hedge their bets on both inflation-busting assets at once. But with this ETF, do you even need to choose?
Quantity Funds’ Bold Move
In a daring feat of financial matchmaking, Quantity Funds has teamed up with Return Stacked to create the STKD ETF, giving investors exposure to both Bitcoin and Gold, two scarcity-driven assets that each claim to be the ultimate inflation hedge. The fund promises 100% exposure to both BTC and Gold strategies, capturing returns from Bitcoin futures and ETPs, while simultaneously riding the wave of gold’s price movements. Essentially, you’re covered whether inflation makes you a crypto king or a gold baron.
David Dziekanski, CEO of Quantity Funds, is clearly thrilled, calling this fund a “capital-efficient” addition to any portfolio, and inviting advisors and institutions to take note of the double-edged hedge.
But What Does Peter Schiff Think?
Ah, Peter Schiff, the man who probably keeps his gold buried in the backyard. Not one to miss an opportunity, Schiff has been quick to dismiss Bitcoin’s latest rally as “meaningless” while singing gold’s praises as it reaches new record highs above $2,680. According to Schiff, all the hype around Bitcoin’s jump to $67,000 is a mere distraction from gold’s consistent climb.
Whether you’re Team Bitcoin or Team Gold, Quantity Funds is banking on the idea that you don’t have to pick a side anymore. And if this ETF catches on, the future might be one where investors get to have their crypto cake and eat their gold too.
