Article

21Shares has launched its Bitcoin and gold exchange-traded product (ETP), BOLD, on the London Stock Exchange, combining both assets into a risk-managed investment. Since its Swiss debut in April 2022, BOLD has achieved a total return of 122.5% in GBP and employs a monthly risk-weighted rebalancing strategy, with gold held by JP Morgan and Bitcoin managed by Anchorage Digital Bank and Copper Technologies. The listing follows recent regulatory changes that have broadened access for institutional investors, despite a backdrop of significant net outflows in digital asset investments.