"US RSSX ETF Launch... Aiming for 200% Returns on Stocks, Gold, and Bitcoin (BTC)"

Source
JH Kim

Summary

  • The "RSSX" ETF is said to provide 200% exposure to US large-cap stocks, gold, and Bitcoin (BTC).
  • This ETF reportedly utilizes a Return Stacking strategy, which works by stacking returns from two or more asset classes.
  • It is said to be structured to reflect the upward movement of various assets simultaneously.

On the 4th (local time), Bloomberg ETF analyst Eric Balchunas announced on X (formerly Twitter) that the Return Stacking ETF (RSSX), which provides 200% exposure to US large-cap stocks, gold, and Bitcoin (BTC), has been launched.

The Return Stacking strategy is a method of seeking to stack returns from two or more asset classes, enabling the simultaneous reflection of upward trends in various assets.

publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
What did you think of the article you just read?