PANews reported on May 30 that according to CoinDesk, Wall Street investment bank Cantor Fitzgerald announced that it will launch a gold-hedged Bitcoin fund, which is the institution's first Bitcoin-themed investment product. The fund is planned to run for five years, while retaining the upside of Bitcoin prices, it will provide 1:1 downside protection through a gold-pegging mechanism.

Brandon Lutnick, chairman of Cantor Fitzgerald, said at the Bitcoin 2025 conference that the product is designed to attract traditional investors who are cautious about Bitcoin to enter the crypto ecosystem. Previously, the institution has launched a Bitcoin lending business, and the first batch of partners include the crypto lending platform Maple and broker FalconX.