Cantor Fitzgerald has made a significant move in the financial markets by launching a new fund aimed at providing investors with exposure to Bitcoin, while also including gold as a means of downside protection. The Cantor Fitzgerald Gold Protected Bitcoin Fund, which was first announced in May at the Bitcoin 2025 conference in Las Vegas, officially debuted recently, prompting attention in the investment community.
The fund is designed to cater to investors who may be hesitant about the volatility associated with Bitcoin. According to Cantor Fitzgerald, it “minimizes the risk of short-term volatility and reduces the impact of correlation spikes while continuing to benefit from the long-term upside trend of Bitcoin.” Bill Ferri, the Global Head of Cantor Fitzgerald Asset Management, emphasized the dual strategy of the fund, stating that it aims to not only capture Bitcoin’s upward trajectory but also leverage gold’s historical performance during market downturns. “With risk assets at or near all-time highs, timing and protection matter,” he noted.
Currently, Bitcoin is trading at around $112,182, showing a slight increase of 1% over the past 24 hours and more than 20% year-to-date, according to data from CoinGecko. Despite these gains, Bitcoin remains about 9% off its all-time high of $124,128 set last month. The cryptocurrency has a history of extreme fluctuations, having previously surged past $69,000 in 2021 before plummeting to below $16,000 the following year. However, many analysts believe that the current upward trend might continue, especially in light of the recent approval of spot Bitcoin ETFs, which have attracted substantial institutional investment and are expected to stabilize the asset’s volatility.
In conjunction with Bitcoin’s performance, gold recently reached a record high of approximately $3,680 per ounce, marking a year-to-date increase of over 37%. This surge is linked to ongoing economic uncertainties in the U.S., including concerns regarding inflation and broader macroeconomic factors.
Cantor Fitzgerald has long been a proponent of Bitcoin and plays a role in the custody of Treasury reserves for Tether’s USDT stablecoin product. The firm’s former chairman and CEO, Howard Lutnick, who also served as an advisor to Donald Trump during his 2024 presidential campaign, has subsequently taken on the role of U.S. Commerce Secretary.
As the financial landscape continues to evolve, Cantor Fitzgerald’s new fund reflects an adaptive investment strategy that seeks to harness Bitcoin’s potential while also providing a safeguard through gold, an asset traditionally viewed as a safe haven.
