21Shares has launched the Bitcoin Gold ETP (BOLD) on the London Stock Exchange, offering regulated investment opportunities in Bitcoin and physical gold. The launch comes as Bitcoin and gold prices are trending in the same direction, with their 20-day correlation rising to +0.56. BOLD uses a reverse volatility weighting system that automatically rebalances towards more stable assets (such as gold), thereby maintaining a balanced risk profile. The product has an asset size of approximately $40.1 million, with an annual fee rate of 0.65%, indicating that Bitcoin is expected to become a stabilizer in investment portfolios alongside gold.

BTC-0,56%
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