Cantor Fitzgerald is a big believer in the future of digital assets. And now, they’re rolling out a new type of investment vehicle focused on bringing together gold and Bitcoin.
What’s happening:
- Cantor Fitzgerald Asset Management is launching a new investment vehicle known as the Cantor Fitzgerald Gold Protected Bitcoin Fund
How it works:
- The Cantor Fitzgerald Gold Protected Bitcoin Fund will provide investors with uncapped upside exposure to the price of Bitcoin, while limiting risks to 1-to-1 downside protection based on the price of gold
- The new fund will have a 5 year duration and will be fully managed by Cantor Fitzgerald Asset Management
Why it matters:
- This is the first time ever a major investment bank on Wall Street has rolled out a fund structure that combines the upside potential of Bitcoin with the downside protection of gold
Going deeper:
- Cantor Fitzgerald has been making waves in the Bitcoin ecosystem lately, including their notable involvement in the formation of Bitcoin accumulation company Twenty One Capital which is being backed by both SoftBank and Tether and will go public through Cantor Fitzgerald’s SPAC Cantor Equity Partners (NASDAQ: CEP)
