Silver plunged about 15% and gold fell roughly 7% on Friday, sparking a worldwide sell-off in mining stocks and funds tied to the metals. The rout drove heavy trading, redemptions and sharp declines across ETFs and miner equities.
Bitwise has launched an actively managed Bitcoin–Gold ETF that combines BTC exposure with precious metals and mining stocks, targeting capital preservation and macro-aware allocations. The product underscores growing institutional strategies that blend crypto with traditional safe-haven assets.