Bitwise Introduces BPRO ETF Fund to Combat Currency Manipulation

The continuous decline in global fiat currency purchasing power is becoming a major concern for modern investors. To address this issue, Bitwise has announced the launch of the Bitwise Proficio Currency Debasement ETF on the New York Stock Exchange, known by its ticker symbol BPRO. This is a significant step forward in providing investors with tools to protect their portfolios from currency manipulation and devaluation.

Financial Challenges: Surging Public Debt and Decreasing Purchasing Power

The financial situation in the United States is reaching a critical crossroads. Since 2006, the purchasing power of the US dollar has decreased by up to 40%, reflecting the cumulative effects of inflation and loose monetary policy. The federal budget is currently facing nearly $40 trillion in public debt, an unprecedented level in history. Forecasts suggest that interest payments on this debt are expected to exceed $1 quadrillion by fiscal year 2026, creating enormous financial pressure.

BPRO: An Active Investment Solution to Protect Against Currency Manipulation

The BPRO fund is designed as an active hedging tool, focusing on assets capable of preserving value amid increasing currency manipulation. The fund’s portfolio includes gold, Bitcoin, silver, other precious metals, mining stocks, and related products. This strategy is based on the premise that these assets often have an inverse correlation with the purchasing power of fiat currencies, allowing investors to minimize risks associated with rising fiscal deficits and excessive money issuance.

Indirect Mechanism: A Multi-Faceted Approach to Investment

Although the BPRO fund does not invest directly in cryptocurrencies, it still gains exposure to the sector through investments in Crypto ETPs (cryptocurrency exchange-traded products). This approach allows the fund to maintain flexibility in balancing traditional and modern assets, while providing a well-managed risk profile for institutional investors.

Strategic Partnership with Proficio Capital Partners

The BPRO fund is launched through a strategic partnership with Proficio Capital Partners, an experienced asset manager with a management portfolio worth $5 billion. This collaboration brings expertise in asset management and deep knowledge of inflation-hedging assets, ensuring that BPRO is managed to the highest standards. With Proficio’s support, the fund will be able to adjust its strategy and optimize asset allocation to better respond to currency manipulation and other macroeconomic threats.