Bitwise Launches BPRO ETF to Hedge Against Currency Debasement

Bitwise Asset Management launched the Bitwise Proficio Currency Debasement ETF (BPRO) on the New York Stock Exchange as an actively managed product intended to hedge against the long-term erosion of fiat currency purchasing power ^[1][3].

The fund pairs Bitcoin with traditional hard assets — notably gold and other precious metals — and includes exposure to mining equities, combining digital scarcity with physical and industry exposure as part of its portfolio construction ^[3][4][2].

Bitwise framed the ETF around persistent macro risk from currency debasement, and market commentary noted the launch reflects growing investor demand for assets that hedge inflation and currency devaluation ^[1][4].

BPRO is positioned as an actively managed hedge vehicle that blends Bitcoin, gold and mining stocks to address currency-debasement risk, marking a continued convergence of crypto and traditional hard-asset strategies in ETF products ^[1][3][4].