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Wall Street brings the bitcoin vs. gold clash to ETF masses
By Isabelle Lee
Bloomberg News
via Yahoo News, Sunnyvale, California
Friday, May 9, 2025
The culture clash between Bitcoin enthusiasts and gold bugs is about to be played out in the world of exchange-traded funds.
Tidal Financial Group this week filed to launch a pair of long-short trades -- pitting the world's biggest cryptocurrency against the shiny metal, and vice versa -- offering investors a high-conviction bet on the best alternative hedge, in one fell swoop.
... Dispatch continues below ...
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Packaged under the Battleshares brand, the novel exchange-traded funds would monetize the long-running debate about the ultimate store of value for those fearing everything from trade wars and geopolitical stresses to fiscal and monetary largesse.
The ideological divide among the retail and institutional masses has raged since Bitcoin was born from the ashes of the 2008 crisis, and it comes just as both assets have surged over the past year on starkly different narratives. ...
... For the remainder of the report:
https://finance.yahoo.com/news/wall-street-brings-bitcoin-versus-121814642.html
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