TechFlow News: According to The Block, a proposed ETF submitted its prospectus on Thursday, aiming to allow traders and investors to invest in both Bitcoin and gold without having to buy either asset. STKD STKD Bitcoin&Gold ETF was jointly launched by Tidal Investments and Quantify Chaos Advisors, aiming to provide exposure to both Bitcoin and gold through Bitcoin futures and ETFs as well as gold futures and ETFs.
According to the prospectus, by mixing low-correlated assets, the fund aims to reduce the impact of short-term market fluctuations on overall investment results, potentially providing more stable investment returns. The ETF will use leverage and will not invest directly in Bitcoin or other digital assets, nor will it invest directly in gold or gold bars. The document specifies the effective date of the ETF as September 9, 2024, but does not include a stock code or any related fees.
