Cantor Fitzgerald Launches Gold-Protected Bitcoin Fund

Cantor Fitzgerald, a prominent Wall Street investment bank, has launched the Gold Protected Bitcoin Fund, a novel investment product that combines Bitcoin's growth potential with gold's downside protection. This five-year fund allows investors to capture 45% of Bitcoin's appreciation while using gold returns to safeguard up to 100% of the principal if Bitcoin's value declines, aiming to minimize short-term volatility and market risk. The fund was introduced at the Bitcoin 2025 Conference in Las Vegas and is designed for investors cautious about Bitcoin's historical price swings, offering a strategic hedge during periods when risk assets are near all-time highs. Bill Ferri, Global Head of Cantor Fitzgerald Asset Management, emphasized the importance of timing and protection in an overinflated market, highlighting gold's role as a safety net during market downturns. The fund targets high-net-worth individuals and institutional investors and reflects Cantor Fitzgerald's evolving approach to Bitcoin, transitioning it from a speculative asset to a strategic investment opportunity. Cantor Fitzgerald is also notable for managing reserves for Tether, the world's largest stablecoin issuer.