23 A proposed exchange-traded fund, which filed a prospectus on Thursday, seeks to give traders and investors exposure to both bitcoin and gold without having to buy either asset.Using leverage, the STKD Bitcoin BTC +1.35% & Gold ETF from Tidal Investments and Quantify Chaos Advisors aims to provide simultaneous exposure to the performance of Bitcoin and gold via bitcoin futures and ETFs, as well as gold futures and ETFs. This newly filed stacked ETF proposal targets investors looking for a unique way to access two major asset classes—digital and physical—within one vehicle.So, why would someone seek to invest in two assets that have not been historically correlated? The strategy behind this Bitcoin and gold ETF is based on the idea that combining exposure to both may offer complementary benefits. Bitcoin has historically offered high-growth potential, while gold has long been seen as a store of value, and this stacked ETF proposal aims to bring both into a single package.The Bitcoin and gold ETF structure uses a combination of leveraged instruments tied to both markets, making it a potentially attractive option for traders seeking amplified performance. According to the fund sponsors, the stacked ETF proposal is designed to dynamically balance allocations based on market conditions, enhancing the diversification benefits.If approved, the Bitcoin and gold ETF could appeal to both traditional and crypto-forward investors looking to hedge volatility while still gaining leveraged upside. This Bitcoin and gold ETF might also spark further innovation in hybrid asset ETFs that straddle the digital and physical investment worlds.Read more : Former FTX Chief Sam Bankman-Fried Sentenced to 25 Years in Jail | Japan Implements Stricter Anti-Money Laundering Measures for Cryptocurrency | 550 to 2070: How We Unlocked a 333% Gain on MKR So, why would someone seek to invest in two assets that have not been historically correlated? The strategy is based on the idea that a combination of investing in a Bitcoin strategy and a gold strategy may provide complementary benefits.