New Amplify ETF aims to invest in inflation hedges with instruments like Bitcoin Futures

Amplify ETFs aims to help investors cash in on rising consumer prices with the planned launch of the Amplify Enhanced Inflation Beneficiaries ETF. Inflation concerns continue to be a hot point for the financial community. Amplify’s fund seeks to identify businesses that benefit from inflationary pressures, such as companies whose revenues are expected to increase with rising consumer demand for land, increased rental income or higher raw-materials prices. The ETF's areas of interest will include businesses engaged in land development or management, home construction, infrastructure, commodities mining or production and commodity-linked real estate companies, according to the new fund's prospectus. The filing also states that the fund will provide exposure to cryptocurrencies comprised of bitcoin futures contracts trading on the Chicago Mercantile Exchange, or commodity-linked instruments on Bitcoin (BTC-USD). However, Amplify wrote in the ETF's prospectus that the fund won't invest directly in bitcoin or commodities. Additionally, no one commodity-futures contract will