Wall Street Giant Cantor Debuts Bitcoin Fund With Gold Insurance

Wall Street Giant Cantor Fitzgerald debuted a new fund on Monday to expose investors to Bitcoin‘s winnings and downward protection with gold.

The Fund, the Cantor Fitzgerald Gold protected Bitcoin Fund, that was announced In May at the Bitcoin 2025 conference in Las Vegas, Nevada, is intended to tackle the concerns of Bitcoin investors

Monday’s announcement said that the fund “minimizes the risk of short -term volatility and reduces the impact of correlation peaks, while it continues to take advantage of the upward trend in the long term of Bitcoin.”

“This gold-secured Bitcoin strategy includes five years and tackles both risks to the frontal: it records the upward trajectory of Bitcoin, while Gold offers a safety net that performs historically well when the markets decrease,” said Global Head of Cantor Fitzgerald Asset Management Bill Ferri.

He added: “With risk assets on or near all-time highlights, timing and protection material.”

Decrypt handed to Cantor Fitzgerald for comment.

Bitcoin, the largest and oldest digital active, has made enormous profit in the past, but has experienced huge drops during the 16 -year -old history.

Bitcoin was recently traded against less than $ 112.182, an increase of approximately 1% in the last 24 hours and more than 20% years to date according to To cryptocurrency Markets Data Provider Coingecko. But the leading cryptocurrency per market capitalization has fallen almost 9% since reaching a record high of $ 124.128 last month.

Certainly, experts have recently told it Decrypt That with the approval of spot Bitcoin ETFs, which have been flooded, the actual volatility should be experienced. The volatility of the digital currency is considerably filled in this year.

But during the last bullmarkt of 2021, the active highlight of more than $ 69,000 per coin reached to fall to less than $ 16,000 the following year. The current UP cycle probably still has to see an end, many analysts believe.

Gold, the traditional Save Haven assets, hit A new high Monday in the vicinity of $ 3,680 per ounce and has risen more than 37% to the present, in the midst of constant concerns about the American economy, inflation and other macro-economic uncertainties.

Cantor was one of the early, vocal supporters of Wall Street from Bitcoin. The company helps custody of the Treasury reserves for Stablecoin Giant Tether’s USDT Stablecoin product. The former chairman and CEO Howard Lutnick, an adviser to Donald Trump during his presidential campaign of 2024, is now the American trade secretary.