BOLD, a New ETP Combining Bitcoin and Gold, Listed on the London Stock Exchange

Swiss cryptocurrency ETP provider 21Shares announced on January 13 the listing of the '21Shares Bitcoin Gold ETP' on the London Stock Exchange. This product, which combines Bitcoin (BTC) and gold, has received prospectus approval from the UK Financial Conduct Authority, marking it as the fifth cryptocurrency product from the company. Developed in partnership with ByteTree Asset Management, BOLD is a product that combines gold, a value-preserving asset, with Bitcoin. The allocation ratio is updated monthly, enhancing the distribution to relatively stable assets based on the reciprocal of each asset's past volatility.