Bitwise Collaborates With Proficio Capital to Unveil BPRO ETF
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- Bitwise has partnered with Proficio Capital to launch a new ETF dubbed BPRO.
- The BPRO will trade on the NYSE, offering investors an efficient tool to counter currency debasement.
- BPRO keeps at least 25% in gold, with the rest split across Bitcoin and other metals.
Bitwise Asset Management has partnered with Proficio Capital Partners to launch the Bitwise Proficio Currency Debasement ETF (NYSE: BPRO). The BPRO is touted as the missing tool in modern portfolio management since it helps investors counter the infinite and fast-rising global money supply.
Bitwise and Proficio Capital Unveil BPRO to Counter Inflation
According to the announcement, the BPRO ETF is a basket of time-tested hard assets. Furthermore, the two firms intend to help investors counter the declining purchasing power of fiat currencies with the help of Bitcoin (BTC), Gold (XAU), Silver (XAG), pre…
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