$BTC Bitcoin and Gold ETFs

Battleshares, from Tidal Financial Group, requested the SEC to launch two ETFs that combine Bitcoin and gold, using a long-short strategy with short sales, swaps, and options, according to Bloomberg.

The funds aim to profit from the relative performance between the assets, but are still awaiting approval. Tidal manages over 220 ETFs and bets on the growing demand for products that link traditional and digital assets.