Bitwise launches Bitcoin and gold hybrid ETP in Europe "
According to online reports, asset management company Bitwise launched an exchange-traded product (ETP) that tracks Bitcoin and gold on March 6 at Euronext in Paris and Amsterdam. The product, called Bitwise Diamond Bitcoin & Gold ETP (BTCG), replicates the Diamond Bitcoin and Gold Index, which dynamically redistributes value between BTC and gold based on Bitcoin's risk-adjusted performance to take advantage of cyclical trends between risk appetite and risk averse behavior in financial markets.
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