Key Takeaways
- • Cantor Fitzgerald Asset Management (CFAM) launched the Cantor Fitzgerald Gold Protected Bitcoin Fund, L.P., a structured product offering 45% of Bitcoin's uncapped appreciation over a five-year investment period.
- • The fund uses gold's performance to help protect up to 100% of the original investment if Bitcoin declines in value, according to the company's Business Wire release.
- • The product is designed for accredited investors seeking crypto exposure within a risk-managed framework, with the extended term intended to reduce the impact of short-term volatility and correlation spikes.
- • Brandon G. Lutnick, Chairman of Cantor Fitzgerald, and Bill Ferri, Global Head of Cantor Fitzgerald Asset Management, framed the product as a safer route into Bitcoin at a time when risk assets are at or near all-time highs.
- • CFAM manages approximately $16.8 billion across mutual funds, interval funds, ETFs, separately managed accounts, non-traded REITs and other private vehicles.
Summary
The Fund offers investors 45% of Bitcoin's uncapped appreciation over a five-year investment period. If Bitcoin declines in value, the Fund uses gold's performance to help protect up to 100% of the original investment. The company said the extended horizon is intended to minimize the risk of short-term volatility and reduce the impact of correlation spikes while still capturing Bitcoin's long-term upside.
Brandon G. Lutnick, Chairman of Cantor Fitzgerald, said the firm views Bitcoin's perception as shifting "from speculative risk to strategic opportunity," citing Bitcoin's fixed supply and accelerating mainstream adoption. Bill Ferri, Global Head of Cantor Fitzgerald Asset Management, said the strategy "tackles both risks head-on" by capturing Bitcoin's upward trajectory while relying on gold as a safety net that has historically performed well during market declines.
The product is designed for accredited investors. The release includes cautionary language stating that it does not constitute an offer to sell or a solicitation to buy Fund securities, that any offering will be made only through the final Private Placement Memorandum, and that past performance is not indicative of future results and returns are not guaranteed. Investor inquiries can be directed to [email protected] or (855) 922-6867.
CFAM describes its platform as approximately $16.8 billion in assets under management across mutual funds, interval funds, exchange-traded funds, separately managed accounts, non-traded REITs, opportunity zone funds, and other private vehicles. Its parent, Cantor Fitzgerald, L.P., is a global financial services and real estate services holding company with approximately 14,000 employees.
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