BlockBeats News, January 22 — Asset management firm Bitwise in collaboration with Proficio Capital Partners launched the industry's first actively managed anti-devaluation ETF(NYSE: BPRO), focusing on investing in anti-devaluation assets such as gold, Bitcoin, and silver.

Bitwise has launched the actively managed Bitwise Proficio Currency Debasement ETF (Ticker: BPRO) on the New York Stock Exchange, aiming to help investors hedge against currency devaluation and debt risks by investing in anti-devaluation assets such as gold and Bitcoin. The fund is launched in partnership with Proficio Capital Partners.