Cantor to Unveil a New Bitcoin Product—With a Little Gold Insurance

Giant Wall Street Cantor Fitzgerald debut new Bitcoin-The AMPLICATION Fund with lack of deficiency based on the price of gold, the financial services company announced on Thursday.

Speaking later during the day at the Bitcoin 2025 conference in Las Vegas, Nevada, Cantor CEO of Cantor -a Brandon Lutnick said he would balance volatility of bitcoin with the relative stability of the precious metal, the fund would deal with investors who are afraid of frequent dramatic fall in the price of cryptoculations.

“We are running the Bitcoin Zlarin Fund with the idea that there are still people on Earth who are afraid of bitcoin and we want to bring them to this ecosystem,” he said.

He added: “We will give them upside down as we provide them with a naughty protection secured by physical gold.”

The company statement states that the Fund “aims to provide undiscovered participation in Bitcoin, while providing protection from 1 to 1 based on the price of gold”.

The investors will be available in the coming weeks, the company said, but did not determine the date.

Bitcoin has grown Almost 14% of this year, and in recent days investors have increasingly treated it as risk assets. But his way upwards included more drops. He became at a record $ 109,000 in mid -January at the time of American President Donald Trump’s inauguration, sank below $ 75,000 in April and set a new high this month over $ 112,000 before withdrawing in the last few days at her current level below $ 106,500.

The gold was more stable and increasing more than 25% in the age of 2025, traded above $ 3,340. In April, he set a record of close to $ 3,450 per ounce, and is currently traded at about $ 3,300.

Funds focused on cryptocurrencies were among the fastest growing with 11 fundraisers to exchange bitcoin that started trading last year, generating more than $ 45 billion in assets, according to the British manager of the FarSide Investors assets.

The popularity of these funds, based on the current performance of BTC, has helped to create a burma product and proposed funds based on altcoin. Spot Ethereum funds received more than $ 2.9 billion in net investments.

Cantor was among the early, vocal fans of Bitcoin on Wall Street. The company helps custody of the Stabblecoin DIV Treasury Reserves Tether -ov USDT product.

Brandon Lutnick spoke with Tether’s executive director Paolo Ardoin of Bitcoin 2025, praising Stablecoin’s “cases in the real world.”

Edited by James Rubin