🎉Good news! Tidal Investments and Quantify Chaos Advisors have teamed up to launch a new exchange-traded fund, STKD Bitcoin&Gold ETF! 🚀This is not just a Bitcoin ETF, but also a gold ETF, providing investors with investment opportunities in both Bitcoin and gold price performance. 📈
The idea behind this strategy is that investing in a combination of Bitcoin and gold may bring complementary benefits, reduce the impact of short-term market fluctuations on overall investment results, and thus may provide a more stable investment trajectory. 🌈
Although the effective date of this ETF is set for September 9, 2024, the specific stock code and related fees have not yet been announced. 📅
For us Bitcoin optimists, this is undoubtedly good news, as it means that there is one more investment channel for Bitcoin. 💰At the same time, this is also a major step forward for the blockchain industry, marking that the combination of Bitcoin and gold, two "safe haven" assets, may bring more stability and returns to investors. 🎯
Let us look forward to the listing of this new ETF and see how it will affect the market performance of Bitcoin and gold! 🔮