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GLD, IBIT and Other ETFs to Play Debasement Trade
Debasement trade is gaining traction on Wall Street as concerns over the size and cost of the U.S. budget deficit intensify.The U.S. federal fiscal deficit-to-GDP ratio stands at approximately 5.8% to 6.1% based on recent economic tracking…
Bitcoin tops $80,000 to hit three-month high; Ether advances
[Abstract Bitcoin Cryptocurrency concept] Olemedia Bitcoin (BTC-USD [https://seekingalpha.com/symbol/BTC-USD]) rose above $80,000 for the first time in more than three months as Asian stocks approached record highs. The original cryptocurr…
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, includi…