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Benjamin Njiri

Bitwise launches Bitcoin-gold BPRO ETF as managers target currency debasement trade

Bitwise has introduced the Bitwise Proficio Currency Debasement ETF (BPRO), a combined Bitcoin-gold fund aimed at investors seeking protection from currency devaluation and rising fiscal debt. The ETF recorded $13.2 million in first-day trading volume and $52.4 million in assets under management, even as Bitcoin has recently lagged behind gold and silver.
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