Stacked bitcoin and gold ETF launches with the goal of shielding investors from inflation and currency debasement

Quick Take

  • The STKD Bitcoin & Gold ETF is geared toward cushioning against inflation and “currency debasement” in the future.
  • BTGD is also the first ETF to bring both bitcoin and gold in “‘stacked approach’, achieving more than $1 of exposure for every $1 invested,” Quantity Funds said. 

An exchange-traded fund that exposes investors to both bitcoin and gold launched on Wednesday.

The fund, called the STKD Bitcoin & Gold ETF, is geared toward cushioning against inflation and "currency debasement," in the future, according to a statement released by Quantity Funds. The asset management firm first proposed the ETF in June. 

The fund's ticker symbol is BTGD and seeks to provide simultaneous exposure of gold and bitcoin through bitcoin futures and ETFs, as well as gold futures and ETFs. The fund offers retail investors a format so that every $1 invested in the ETF will provide 100% exposure to its bitcoin and gold strategy.

"The bitcoin strategy seeks to capture the price return of bitcoin, investing in bitcoin futures and ETPs, while the gold strategy similarly seeks to capture the price return of gold via investments in gold futures and gold ETPs," according to the statement. 

Quantity Funds partnered with returnstackedetfs.com, which is co-owned by Newfound Research and Resolve Asset Management SEZC, and is part of a licensed brand called Stacked. Stacked, or STKD, is in reference to two investments stacked on top of each other, Quantity Funds said in the statement.

BTGD is also the first ETF to bring both bitcoin and gold in "'stacked approach', achieving more than $1 of exposure for every $1 invested," the firm said. The fund does not invest directly in cryptocurrencies and also doesn't invest directly in gold. 

Spot bitcoin ETFs launched earlier this year and bitcoin futures ETFs began trading in 2021. 

The launch of the ETF comes weeks ahead of the U.S. presidential election. JPMorgan analysts took a bullish approach to crypto in 2025 in a report last week, citing the "debasement trade," a trend in which in which investors turn to alternative asset classes, such as gold and bitcoin, to hedge against economic stability. The analysts said that due to the rising geopolitical tensions and the upcoming election, speculative institutional investors such as hedge funds, might view gold and bitcoin as beneficiaries  of that trend. 

If former President Donald Trump wins, that would likely strengthen the debasement trade through tariffs and an expansionary fiscal policy, the JPMorgan analysts said. 


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Sarah is a reporter at The Block covering policy, regulation and legal happenings. Before, Sarah was a reporter with CQ Legal writing about securities regulation, which is where she first started reporting on crypto. Sarah has also written for The Bond Buyer and American Banker, among other finance-related publications. She graduated from the University of Missouri and earned a degree in print and digital journalism. Sarah is based in Washington D.C., and is an avid coffee lover. You can follow her on Twitter @ForTheWynn.