Bitwise Launches Bitcoin and Gold ETP in Europe

The Bitwise Diaman Bitcoin & Gold ETP (BTCG), which began trading on Euronext Paris and Amsterdam on Thursday, tracks the Diaman Bitcoin and Gold Index.

Author: Jamie Crowley | Edited by : Parikshit Mishra Updated: Mar 6, 2025 1:35 AM GMT Published: Mar 6, 2025 11:28 AM GMT

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Key points:

  • Bitwise has introduced an exchange-traded product (ETP) that tracks Bitcoin and gold.
  • The Bitwise Diaman Bitcoin & Gold ETP (BTCG) follows the Diaman Bitcoin and Gold Index, which dynamically reallocates value between BTC and gold based on Bitcoin's risk-adjusted performance.

Asset management company Bitwise has introduced an exchange-traded product (ETP) that tracks Bitcoin (BTC) and gold.

The Bitwise Diaman Bitcoin & Gold ETP (BTCG), which launched trading on Euronext Paris and Amsterdam on Thursday, mirrors the Diaman Bitcoin and Gold index.

The index dynamically reallocates value between BTC and gold based on Bitcoin's risk-adjusted returns, exploiting the cyclical swings between risky and safe assets in financial markets.

While Bitcoin is often viewed as digital gold, it is actually more correlated with risk assets like tech stocks than the yellow metal.

For example, gold hit record levels in February amid concerns over US President Trump's tariff measures, while BTC fell nearly 17%.

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