Cantor Fitzgerald unveils a new Bitcoin fund that offers downside protection through gold pricing, blending crypto exposure with asset stability
Cantor Fitzgerald Asset Management is introducing a new fund that will provide downside protection linked to the price of gold and provide exposure to Bitcoin.
According to the company, the Cantor Fitzgerald Gold Protected Bitcoin Fund, L.P. will be the organization’s inaugural investment product that concentrates on Bitcoin.
The fund is intended to provide investors with total upside participation in Bitcoin while offering 1-to-1 protection against losses, which is determined by the price of gold. It is structured as a five-year vehicle.
Hedge strategy that involves the linking of various assets
The hybrid approach is designed to alleviate investor apprehensions regarding Bitcoin’s volatility.
Cantor Fitzgerald is positioning the fund as a hedging strategy that connects traditional safe-haven assets with high-growth digital assets by associating downside protection with the price of gold.
21 Capital, a $3 billion Bitcoin investment firm, was recently established by Cantor Fitzgerald in collaboration with Tether, Bitfinex, and SoftBank.
The companies intended to raise additional funds through a convertible bond and private equity round and contribute to Bitcoin. Brandon Lutnick, the venture leader, sought to capitalize on the Trump administration’s pro-crypto policy pivot.
Chairman Brandon G. Lutnick said:
“At Cantor, we are focused on delivering innovative products that support clients seeking exposure to digital asset investments,”
The company announced that the fund will commence accepting investor capital in the upcoming weeks.
