Tidal Financial Group plans to launch two Bitcoin and gold hedging ETFs

2025-05-09 22:16:13

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ChainCatcher news, according to Bloomberg, Tidal Financial Group's Battleshares brand has submitted an application to the SEC to launch two Bitcoin and gold hedging ETFs. The product will allow investors to directly bet on the relative performance of the two asset classes through tools such as short-selling securities, swap contracts, and options. Counterpoint Chief Strategist Dhaval Joshi believes that Bitcoin will gradually erode gold's market share, and the long-term outlook for the BTC / short gold combination is more promising.

This year, gold has reached new highs due to safe-haven demand, while Bitcoin fell in April amid tariff turmoil, but has recently rebounded strongly with the advancement of U.S. digital financial policies. Spectra FX President Brent Donnelly pointed out that Bitcoin remains highly correlated with the Nasdaq 100 index, while gold more reflects the sentiment of "shorting America." Data shows that this year, the four major gold ETFs have attracted over $14 billion, while leading Bitcoin ETFs have received $8 billion in inflows.

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