New ETF Combining Bitcoin and Gold Will Launch on September 9

Bittime - An innovative ETF that allows investors to invest in Bitcoin and gold simultaneously without having to purchase the assets directly is scheduled to launch on September 9, 2024.

This ETF is called STKD Bitcoin&Gold ETF and was launched by Tidal Investments and Quantify Chaos Advisors.

How Does STKD Work?

STKD does not invest directly in Bitcoin or gold, but instead uses a combination of derivative instruments such as Bitcoin futures, Bitcoin ETFs, gold futures and gold ETFs.

This strategy aims to provide simultaneous exposure to both assets while minimizing the impact of short-term market volatility on overall investment results.

Potential Benefits of STKD

The benefits of the emergence of STKD are:

1. Diversification

Combining Bitcoin and gold, two assets with different risk profiles, can help investors diversify their portfolios and reduce overall risk.

2. Stability

Gold is generally considered a safe-haven asset, meaning its value tends to be stable during periods of market volatility.

By combining Bitcoin and gold, STKD potentially offers greater stability compared to a pure Bitcoin ETF.

3. Accessibility

STKD allows investors to invest in Bitcoin and gold through a single instrument, which can make it more accessible and convenient compared to purchasing both assets separately.

Important Details of STKD Launch

• Effective date: 9 September 2024
• Main cast: Tidal Investments, Quantify Chaos Advisors
• Featured Assets: Bitcoin, Mother
• Derivative Instruments: Bitcoin futures, ETF Bitcoin, emas futures, ETF emas

STKD ETF Opportunities and Challenges

The launch of the proposed STKD ETF offers an exciting prospect for investors interested in crypto assets and gold.

However, it is important to consider the various opportunities and challenges associated with this product:

1. Increasing Investor Demand

As crypto assets and gold become more popular, investors may be interested in ETFs that offer combined exposure to both assets.

STKD can meet this demand by providing easily accessible investment products.

2. Effective Diversification Strategy

Combining low-correlated assets like Bitcoin and gold can help investors reduce the overall risk of their portfolio.

STKD offers a potentially useful diversification strategy for investors looking to reduce their dependence on highly fluctuating assets like Bitcoin.

3. Increasing Crypto ETF Innovation

The launch of STKD could drive further innovation in the crypto ETF space. A hybrid ETF like this could be a new trend that allows investors to gain exposure to multiple crypto asset classes and traditional assets in one instrument.

4. Crypto ETF Regulation

The crypto ETF industry is still relatively new and does not have clear regulations in many countries. Approval from the relevant regulator for STKD is still required and may take a long time.

5. Complexity of Derivative Instruments

STKD uses complex derivative instruments such as futures and ETFs. Investors need to understand how these instruments work and the risks involved before investing in STKD.

6. ETF fees

The complex structure of ETFs usually comes with higher fees compared to traditional investment instruments. Investors need to consider these costs before investing in STKD.

Conclusion

STKD presents an attractive alternative for investors looking for a way to invest in Bitcoin and gold simultaneously.

By combining these two assets and using a derivatives-based strategy, STKD has the potential to offer greater diversification, stability and accessibility.

However, it is important to remember that this ETF is still in the proposal stage and has not yet been approved by regulators. Investors should do their own research before investing in STKD or any other crypto ETF.

How to Buy BTC on Bittime

You can buy and sell crypto assets in an easy and safe way via over. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.

To be able to buy crypto assets at over, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet.

For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Study Complete Guide How to Buy Bitcoin (BTC) on Bittime.

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