In light of the escalating U.S.-China trade tensions, we put together a case study: Hedging U.S.-China Trade Risk with Bitcoin.

The report places the trade dispute in a broader context, providing a brief overview of the role that Bitcoin may play in a portfolio in the event of a global liquidity crisis and illustrating why we believe it may serve as a viable hedge against asset devaluations.

While a risk asset drawdown is still in its early stages, we’re already witnessing Bitcoin’s price move higher. Specifically, Bitcoin has generated a cumulative return of 104.8% between May 5 — when tariff hikes were announced — and August 7, versus an average -0.5% for the other asset classes, markets, and currencies we analyzed over the same period.

We invite you to review the report for our full analysis: