21Shares’ Bitcoin–Gold ETP Lists on London Stock Exchange
According to 21Shares, its BOLD Bitcoin–gold ETP has listed on the London Stock Exchange after FCA approval, offering a monthly inverse-volatility rebalanced mix of Bitcoin and gold.
BTC
Fact Check
The statement is strongly supported by two highly authoritative and relevant sources. The official website for 21Shares serves as a primary source, confirming the existence of the product and its listing on the London Stock Exchange. This is directly corroborated by a news report from the Moomoo financial platform, a reputable secondary source, which explicitly announces the launch of the 21Shares Bitcoin Gold ETP on the same exchange. A third source was provided but is disregarded due to its extremely low authority and relevance, as it is an unrelated company's investor relations page. The evidence from the credible sources is direct, consistent, and without contradiction, leading to a high confidence assessment that the statement is true.
Summary
21Shares announced the listing of its Bitcoin-Gold ETP, BOLD, on the London Stock Exchange on January 13, following approval of its FCA prospectus. The Switzerland-based issuer states that the product combines gold and Bitcoin with allocations rebalanced monthly based on inverse volatility, aiming to optimize exposure by adjusting weightings according to asset risk. BOLD targets investors seeking both growth potential from Bitcoin and wealth preservation traits of gold.
Terms & Concepts
- Exchange-traded product (ETP): An exchange-listed investment vehicle that provides exposure to underlying assets such as Bitcoin and gold.
- Inverse volatility: A portfolio allocation method that increases weighting to assets with lower historical volatility and reduces it for assets with higher volatility.