Jim Cramer Prefers Gold Over Bitcoin for Portfolio Insurance, Names Two 'Vetted' Cryptos

CNBC host Jim Cramer stated on Mad Money that he prefers gold bullion or the SPDR Gold Shares ETF (GLD) over Bitcoin for portfolio insurance, while naming two cryptos he considers 'vetted.' Cramer advised a caller to split new investments between index funds and five favored stocks, noting that Bitcoin or gold could insure the mix. He clarified he does not view Bitcoin as a poor hedge, but expressed a personal preference for gold. The comments came amid record $7 billion five-day inflows into gold and Bitcoin ETFs, fueling debate over their role in a traditional 60/40 portfolio.