👀 Bitcoin and gold… in one product?
21Shares just launched a new ETP on the London Stock Exchange that combines $BTC
and gold in a single, regulated product called BOLD - giving U.K. investors exposure to both at once.
The timing matters. After the U.K. lifted restrictions on crypto ETPs in October, products like this were inevitable. BOLD is the first to officially pair bitcoin and gold under one regulated structure.
The ETP is physically backed, with real bitcoin and gold held by institutional custodians - not synthetic exposure.
Instead of a fixed split, it rebalances monthly using a risk-based model. The asset with lower volatility gets a higher weight, aiming to smooth out swings while keeping upside.
Bottom line: BOLD isn’t about choosing sides. It’s a calmer way to hold bitcoin and gold together in one product.