IDX Alternative FIAT ETF
GLDB
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Charles F. McCain
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 600 California Street, 9th Floor San Francisco CA United States of America 94108
- IPO Date
- Oct 24, 2025
- CIK
- 0001506213
- Website
- idxshares.com
- Similar Companies
- Business
- IDX Alternative FIAT ETF (GLDB) is an actively managed exchange-traded fund that seeks capital appreciation by providing investors with exposure to a blend of digital assets and precious metals, primarily Bitcoin and gold, as an alternative to traditional fiat-based investments. The fund allocates at least 80% of its assets to derivatives including futures contracts, options, swaps, and exchange-traded products linked to these assets, employing a dynamic allocation strategy that also permits limited exposure—capped at 40%—to Ether, silver, gold mining equities, and blockchain infrastructure; key holdings include CME Bitcoin futures, gold futures, silver futures, CME Ether futures, and SPDR Gold MiniShares Trust. Launched in October 2025 and listed on Nasdaq, the ETF targets institutional and retail investors seeking risk-balanced access to non-fiat stores of value amid market volatility, with an expense ratio of 0.95% and assets under management around $19 million. Operated by IDX Shares, a provider of innovative active ETF strategies with headquarters in Phoenix, Arizona, and additional presence in Tampa, the fund operates principally in U.S. markets through its exchange listing while deriving exposures to global commodities and cryptocurrency futures traded on exchanges like the CME. IDX Shares distributes the ETF through Foreside Fund Services, LLC, focusing on systematic strategies that enhance returns while mitigating risks associated with concentration in crypto and metals sectors. Since its inception on October 24, 2025, the fund has rapidly established its portfolio, with no reported acquisitions, partnerships, funding rounds, or strategic shifts in its brief history as of December 2025; it commenced trading on Nasdaq immediately following launch, building positions in core derivatives amid growing interest in blended alternative assets. The ETF emphasizes indirect exposure via derivatives to avoid direct cryptocurrency ownership, concentrating investments in crypto and metal ETPs while holding cash equivalents like the First American Government Obligations Fund for collateral.