New Cantor Fitzgerald fund combines Bitcoin gains with gold safeguard
Global financial firm Cantor Fitzgerald Asset Management, which serves over 5,000 institutional clients worldwide, is preparing to launch a new fund that allows investors to profit from Bitcoin's growth while hedging downside risks with protection tied to the price of gold.
Cantor Fitzgerald positions the fund as a hedging strategy that merges traditional safe-haven assets with high-growth digital assets.This hybrid approach aims to address investor concerns about Bitcoin’s volatility.
Bitcoin fund with gold-backed protection
The new product, called the Cantor Fitzgerald Gold Protected Bitcoin Fund, L.P., is structured as a five-year instrument offering full participation in Bitcoin’s upside while providing 1:1 downside protection based on gold prices.
It will be Cantor Fitzgerald’s first investment product focused on Bitcoin and is expected to begin accepting capital in the coming weeks.
“At Cantor, we are committed to delivering innovative products that support clients seeking access to digital asset investments,” said Chairman Brandon Lutnick.
Cantor Fitzgerald & Co. is one of 21 primary dealers authorized to trade U.S. government securities with the Federal Reserve Bank of New York.
The firm, led by the son of the U.S. Secretary of Commerce, Brandon Lutnick, is now looking to capitalize on the pro-crypto shift in U.S. policy under a potential Donald Trump administration.
Recently, Cantor Fitzgerald partnered with Tether, Bitfinex, and SoftBank to launch a Bitcoin investment firm called 21 Capital, with plans to raise $3 billion through convertible bonds and private equity rounds.
As we wrote, Cantor Fitzgerald to acquire 5% stake in Tether, strengthening partnership
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