Asset manager Bitwise has introduced an exchange-traded product (ETP) called Bitwise Diaman Bitcoin & Gold ETP (BTCG), which tracks the performance of bitcoin and gold. The ETP, which trades on Euronext Paris and Amsterdam, replicates the Diaman Bitcoin and Gold Index and dynamically adjusts its allocation between bitcoin and gold based on the risk-adjusted performance of bitcoin. This allows the ETP to take advantage of cyclical trends in financial markets. While bitcoin is often compared to digital gold, it frequently aligns more closely with risk assets like tech stocks rather than gold.



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