Wall Street Giant Cantor Fitzgerald Bets on Bitcoin—With a Gold-Plated Safety Net

Cantor Fitzgerald—yes, the same firm that survived 9/11 and now peddles bonds to pension funds—is diving headfirst into crypto. Their new Bitcoin fund comes with a twist: gold price protection. Because nothing says ’trustless asset’ like hedging it with a 5,000-year-old shiny rock.

The move screams institutional FOMO. After a decade of dismissing Bitcoin as ’rat poison,’ Wall Street’s suddenly scrambling to package it—with training wheels. Gold-backed or not, it’s a tacit admission: the barbarous relic’s fans want exposure to digital scarcity too.

Funny how finance always finds a way to sell you the same risk twice—first as disruption, then as insurance. The fund’s details? Thin. The irony? Thick.

Hedge strategy linking different asset

The hybrid approach aims to address investor concerns about Bitcoin’s volatility.

By linking downside protection to the price of gold, Cantor Fitzgerald is positioning the fund as a hedge strategy that bridges traditional safe-haven assets with high-growth digital assets.

Cantor Fitzgerald recently partnered with Tether, Bitfinex, and SoftBank to launch a $3 billion Bitcoin investment firm called 21 Capital.

The companies contributed Bitcoin and planned to raise additional funds through a convertible bond and private equity round. The venture, led by Brandon Lutnick, aimed to capitalize on a pro-crypto shift in U.S. policy under the TRUMP administration.

“At Cantor, we are focused on delivering innovative products that support clients seeking exposure to digital asset investments,” said Chairman Brandon G. Lutnick.

The fund will begin accepting investor capital in the coming weeks, the company said.