Bitwise Launches Active ETF Combining Bitcoin and Gold to Hedge Against Currency Risk

• Bitwise launched a Bitcoin-and-gold ETF to protect against currency weakness.
• The fund actively adjusts exposure while keeping at least 25% in gold.

Crypto asset manager Bitwise Asset Management has launched a new actively managed exchange-traded fund (ETF) that combines Bitcoin and Gold to protect investors from inflation. The product is called Bitwise Proficio Currency Debasement ETF, which was announced on January 22, 2026, with a partnership of Proficio Capital Partners. The ETF trades on the New York Stock Exchange (NYSE) under the ticker BPRO. 

Bitwise argues that the traditional stock and bond portfolios struggle during times of high government debt, and investors need the hard assets to hold value during the crisis. So, to address this, the company believes that BPRO combines Bitcoin and Gold to help investors hedge against these risks.

Actively Managed Strategy With Flexible Bitcoin Exposure and Mandatory Gold Allocation

The BPRO is actively managed but changes according to the market conditions. According to the BPRO, the portfolio must always hold 25% of the gold, and the bitcoin exposure can be increased or decreased based on the macro conditions. The fund includes Bitcoin, Gold, Silver, and mining-related equities. So this structure allows the ETF to adapt to the different market conditions. 

Bitwise positions Bitcoin as a modern complement to gold, and gold has thousands of years of history as a store of value. Bitwise says that combining Gold’s stability and Bitcoin’s growth potential offers a more flexible alternative to traditional portfolios.

Strong Market Debut Signals Investor Interest in a Hybrid Bitcoin–Gold Strategy

The ETF saw a steady active performance on the first day of trading. Around $13.2 million in trading volume and around $52.4 million in assets under management by the end of Jan 22. ETF is aimed at investors who are seeking long-term capital growth and protection against currency decline. The portfolio decision will be combined by Bitwise’s expertise in digital assets and Proficio’s experience managing precious metal strategies for high-net-worth individuals and foundations. 

By actively managing a mix of Bitcoin, Gold, and other hard assets, the new Bitwise Proficio Currency Debasement ETF reflects the shift toward the assets that can protect value during inflation and currency weakness. 

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