21Shares Bitcoin and Gold ETP "BOLD" Debuts on London Stock Exchange for Trading

Techub News reported, according to CoinDesk, 21Shares' Bitcoin and Gold Exchange Traded Product (ETP) BOLD began trading on the London Stock Exchange on January 13. It aims to capture Bitcoin-like returns while reducing volatility by including Bitcoin and gold in the same risk-weighted portfolio. The product employs a configuration based on risk exposure rather than equal capital weighting, undergoes monthly rebalancing, supports intraday trading, and has a total expense ratio of 0.65%. The report mentioned that BOLD was first launched in Switzerland in April 2022, is currently traded on multiple European exchanges, and the related assets are held by institutional-grade custodians.