【Tidal Financial Group applies to the U.S. SEC to launch two ETFs that hedge Bitcoin against gold】According to Jinse Finance, Tidal Financial Group's Battleshares brand has submitted an application to the U.S. SEC to launch two ETFs that hedge Bitcoin against gold. This product will allow investors to directly bet on the relative performance of the two asset classes through shorting securities, swap contracts, and options. Counterpoint's Chief Strategist Dhaval Joshi believes that Bitcoin will gradually erode gold's market share, and in the long term, the BTC long/gold short combination has more potential.