A new exchange-traded fund is entering the market with a clear message: the traditional stock-and-bond portfolio may no longer be enough in an era of rising debt and aggressive monetary policy.
Bitwise Asset Management has launched the Bitwise Proficio Currency Debasement ETF, a product designed to give investors exposure to assets historically associated with preserving purchasing power when fiat currencies lose value.
- Bitwise launched BPRO, an ETF focused on assets that may benefit from currency debasement.
- The fund mixes bitcoin and precious metals, with at least 25% allocated to gold.
- BPRO aims to hedge fiat currency erosion as debt and money supply keep rising.
The fund, which trades on the New York Stock Exchange under the ticker BPRO, blends digital assets with precious metals in an actively managed structure.
The ETF was developed in partnership with Proficio Capital Partners, a wealth manager known for its long-standing focus on gold and other hard assets. Together, the two firms are positioning BPRO as a modern hedge against currency erosion rather than a traditional inflation-linked product.
Blending Bitcoin With Traditional Hard Assets
Unlike static commodity funds, BPRO can adjust its exposure as market conditions evolve. The strategy includes bitcoin alongside gold, silver, platinum, palladium, and mining equities, with gold required to make up at least a quarter of the portfolio at all times.
Bitwise CIO Matt Hougan argues that the classic 60/40 portfolio model is under strain as governments continue to expand debt and money supply. In his view, pairing bitcoin’s fixed supply with gold’s long history as a store of value creates a more resilient framework for today’s macro environment.
Proficio CIO Bob Haber echoed that sentiment, pointing out that despite gold’s long-term performance, it remains a minor allocation in most portfolios. Data cited from Goldman Sachs shows gold ETFs still represent a tiny share of private financial holdings, suggesting many investors remain underexposed to traditional hedges.
Why Currency Debasement Is Back in Focus
Concerns around purchasing power are no longer abstract. Over the past two decades, the U.S. dollar has steadily weakened in real terms, while government debt has expanded dramatically. In a recent survey conducted with VettaFi, financial advisors ranked fiat debasement among the key investment themes to watch in 2026, highlighting growing unease around long-term currency stability.
BPRO is structured to respond to these risks by shifting allocations between metals and digital assets as conditions change, rather than locking investors into a single narrative. The fund’s managers describe this flexibility as essential in a world where inflation, real rates, and monetary policy can shift quickly.
Fund Details and Positioning
The Bitwise Proficio Currency Debasement ETF is now live and available to investors. It carries a total expense ratio of 0.96% and targets capital appreciation through assets that may benefit from declining fiat purchasing power.
By combining Bitwise’s digital-asset expertise with Proficio’s experience in precious metals, the firms are betting that a hybrid “hard asset” approach will resonate with investors looking beyond conventional diversification strategies.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
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Source: https://coindoo.com/bitwise-unveils-bitcoin-and-gold-currency-hedge-etf/
