21Shares Launches Bitcoin and Gold ETF on London Stock Exchange

21Shares has launched the Bitcoin and Gold ETF (BOLD) on the London Stock Exchange, providing a regulated investment option that combines Bitcoin and gold in one instrument.

  • BOLD is the first ETF in the UK to offer exposure to both physical and digital gold.
  • The ETF offers a risk-weighted portfolio of Bitcoin and gold, aiming for long-term growth and value storage.
  • Since its initial launch in April 2022, BOLD has achieved a 122.5% return in sterling terms, outperforming both assets individually.
  • Assets are managed by institutional-grade custodians with monthly rebalancing to maintain balanced risk exposure.
  • The ETF trades intraday with a total expense ratio of 0.65%.

Bitcoin and Gold ETF

In the past year, Bitcoin and gold have shown opposite trends amid global monetary uncertainty:

  • Gold surged over 65%, reaching $4,600 per ounce.
  • Bitcoin remained nearly 30% below its all-time high.
  • Despite price differences, both assets saw increased institutional interest.