IDX Alternative FIAT ETF (GLDB)

The IDX Alternative FIAT ETF (GLDB) is an exchange-traded fund managed by IDX Advisors. As its name suggests, the fund is built around assets viewed as alternatives to government-issued fiat currencies.

The strategy centers on hard and scarce assets, such as gold and bitcoin-related exposure, that some investors use as stores of value outside the traditional currency system. The managers determine the mix of these exposures rather than tracking a conventional stock or bond index.

The ETF trades on Nasdaq.