Cantor Fitzgerald has launched a new fund that pairs Bitcoin upside with gold-based downside protection. The Cantor Fitzgerald Gold Protected Bitcoin Fund, announced in May at the Bitcoin 2025 conference, debuted Monday as a product aimed at investors who want crypto exposure with a built-in hedge.
According to the firm, the strategy is a five-year approach designed to ‘minimize the risk of short-term volatility and reduce the impact of correlation spikes while continuing to benefit from the long-term upside trend of Bitcoin,’ Global Head of Cantor Fitzgerald Asset Management Bill Ferri said. In short, the fund seeks to capture Bitcoin’s gains while using gold as a safety net when markets decline.
The move comes as markets show mixed signals. Bitcoin was trading under $112,182—about 1% higher over 24 hours and more than 20% year-to-date—but roughly 9% below last month’s all-time high of $124,128. Meanwhile, gold climbed to a fresh high near $3,680 per ounce and is up over 37% this year amid economic uncertainty.
Cantor has been an early Wall Street backer of Bitcoin; the firm helps custody Treasury reserves for Tether’s USDT. With spot Bitcoin ETFs drawing institutional capital and overall volatility moderating this year, the fund may appeal to risk-averse allocators. Still, investors should remember crypto’s history of sharp drawdowns—in 2021 Bitcoin topped $69,000 and later fell below $16,000—so protective features do not eliminate investment risk.
Source: Decrypt. Read the original coverage for full details.
