Bitwise and Proficio Launch BPRO ETF for Fiat Currency Debasement Hedge
Bitwise Asset Management and Proficio Capital Partners have launched the BPRO ETF, designed to hedge against fiat currency debasement, particularly the U.S. dollar. Unlike traditional crypto ETFs, BPRO adjusts its exposure across crypto and commodities based on market conditions, targeting wealth managers seeking Bitcoin exposure without a single-asset commitment.
The fund maintains at least 25% in gold and strategically allocates to silver, platinum, palladium, Bitcoin, and mining equities. BPRO has an expense ratio of 0.96% and aims for capital preservation. Gold and silver prices have increased 79% and 207% over the past year, while Bitcoin saw a 15% decline despite reaching an all-time high of $126,000 in October 2025. Financial advisors consider currency debasement a critical investment theme for 2026, with concerns over U.S. monetary policy contributing to inflation and currency devaluation.
