The Bitcoin and gold hybrid ETF jointly applied by Tidal and Quantify Chaos Advisors may be launched on September 9 this year

Odaily News Tidal Investments and Quantify Chaos Advisors jointly submitted a prospectus for the STKD BitcoinGold ETF, a hybrid exchange-traded fund for Bitcoin and gold, which aims to provide investment opportunities in both Bitcoin and gold price performance through Bitcoin futures and ETFs and gold futures and ETFs. According to the prospectus, the strategy is based on the idea that combining investment Bitcoin strategies and gold strategies may bring complementary benefits. It aims to reduce the impact of short-term market fluctuations on overall investment results, thereby potentially providing a more stable investment trajectory. The document specifies the effective date of the ETF as September 9, 2024, but does not include a stock code or any related fees. (The Block)