Bitwise Asset Management, in partnership with Proficio Capital Partners, has rolled out a new exchange-traded fund that provides exposure to Bitcoin, gold, silver, precious metals, and mining equities.
The fund, called the Bitwise Proficio Currency Debasement ETF (BPRO), aims to help investors hedge against the declining purchasing power of fiat currencies, targeting a minimum 25% allocation to gold while adjusting exposures based on market conditions.
The ETF, leveraging Bitwise’s crypto expertise and Proficio’s long-standing experience in precious metals, is now trading on the NYSE and charges an annual management fee of 0.96%.
Source: https://cryptobriefing.com/etf-currency-debasement-bitwise/
