Bitwise's 'Debasement' ETF Pairs Bitcoin and Gold as a Hedge Against Your Depreciating Dollars

Crypto asset manager Bitwise debuted an exchange-traded fund on Thursday that offers exposure to cryptocurrency and precious metals, positioning the product as a way for investors to capitalize on the debasement of fiat currencies, including the U.S. dollar. The Bitwise Proficio Currency Debasement ETF, which trades on the NYSE under the ticker symbol BPRO, is issued in partnership with Proficio Capital Partners, a Boston-based investment advisory firm that manages around $5 billion in assets, according to ...