Cantor Fitzgerald Launches Gold-Backed Bitcoin Fund
- Cantor Fitzgerald is introducing a Bitcoin fund with downside protection linked to gold prices.
- The fund aims to mitigate Bitcoin’s volatility by leveraging gold’s stability.
- CEO Brandon Lutnick announced the launch at the Bitcoin 2025 conference in Las Vegas.
- The fund offers uncapped upside in Bitcoin and 1-to-1 downside protection based on gold.
- Bitcoin has increased nearly 14% this year, despite significant price fluctuations.
Wall Street firm Cantor Fitzgerald will soon offer a Bitcoin-focused fund providing downside protection tied to gold, as announced by CEO Brandon Lutnick. This initiative seeks to attract investors wary of cryptocurrency volatility by balancing it with the steadier value of gold.
Source (2.6)https://decrypt.co/322870/cantor-debut-bitcoin-gold-fund-aimed-investors-scared-crypto?rand=52368
