Cantor Fitzgerald Launches Bitcoin Fund with Gold Hedged Approach

Wall Street investment bank Cantor Fitzgerald is launching a Bitcoin fund designed to offer both potential upside and downside protection. The five-year fund utilizes a gold hedging strategy to safeguard investors’ capital while allowing for exposure to Bitcoin price fluctuations. 1:1 downside protection ensures that investors see no more than the equivalent value of their initial investment lost during market downturns.