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News  ›  GlobeNewswire Inc.

21shares launches BOLD ETP combining bitcoin and gold in a single regulated product

GlobeNewswire Inc. Logo GlobeNewswire Inc. By 21Shares
21shares launches BOLD ETP combining bitcoin and gold in a single regulated product

21shares announced the launch of its Bitcoin Gold ETP (BOLD) on the London Stock Exchange, marking its fifth cryptocurrency product approved by the FCA for UK retail investors. The product combines Bitcoin and gold with monthly rebalancing based on inverse volatility, aiming to provide diversification and inflation protection with a 0.65% annual management fee.

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TOXR   positive

Company successfully launched a new regulated cryptocurrency product approved by the FCA, expanding its product portfolio to five offerings. The product demonstrates innovation in combining traditional and digital assets with risk management features, and has attracted $40.1m in AUM.