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PhilRoss / Phil Ross
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2024-10-26 18:14:34

PhilRoss on Nostr: What do folks think of BTGD? This is the 1.0x levered gold/bitcoin fund. $1 invested ...

What do folks think of BTGD? This is the 1.0x levered gold/bitcoin fund. $1 invested gets you $1 of gold and $1 of bitcoin proxies. A few things I noticed were 1% fee and funds relies on BTC futures vs spot.

Thinking about it as an interesting “cash management” tool, obviously not anywhere near cold-storage bitcoin for long-term savings.
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