Bitcoin Breakout is one of our Limited Edition Kits that focuses on a future appreciation in Bitcoin. This Kit creates a hedge against risk related to the overall tech market for investors that see potential in Bitcoin. Bitcoin Breakout uses a long-short approach, purchasing a Bitcoin ETF and using an inverse ETF to create a short against the Nasdaq 100.
Examples of assets in the Kit
Bitcoin ETF (GBTC)
Inverse ETF (PSQ) to create a short against the Nasdaq 100
QQQ ETF to have a beta of zero against the Nasdaq 100
Example of Kit allocation in a given week
Users can capitalize on the upside associated with Bitcoin with less exposure to tech stocks. Even if Bitcoin is dragged down by a general tech sell-off, this Kit should offset negative impacts.
Asset class focus
Digital assets and equity ETFs