21Shares expands BTC, gold BOLD ETP to UK investors via London Stock Exchange listing
The post 21Shares expands BTC, gold BOLD ETP to UK investors via London Stock Exchange listing appeared on BitcoinEthereumNews.com.
The 21Shares Bitcoin and Gold ETP, branded as BOLD, began trading on the London Stock Exchange on January 13. The listing offers a single exchange-traded vehicle that combines exposure to both Bitcoin and gold. It is worth noting that BOLD hits the UK market just after regulators relaxed long-standing restrictions on crypto exchange-traded products. As a result, asset managers have been quick to introduce offerings geared towards meeting demand for regulated digital asset exposure. The launch follows the UK Financial Conduct Authority’s lifting of its ban on crypto exchange-traded notes for retail investors in October. In the first month following the policy change, trading volumes in crypto-linked exchange-traded notes totaled $280 million, according to data cited by IFA Magazine, putting the UK behind only Germany’s Xetra and Switzerland’s SIX Swiss Exchange. BOLD becomes the first UK-listed exchange-traded product that combines Bitcoin and gold under one structure. By design, the product aims to appeal to investors who are looking beyond equities and bonds. It is designed for market participants who wish to gain exposure to digital assets but prefer not to hold Bitcoin directly. Portfolio structure aims to reduce volatility BOLD combines the growth profile of Bitcoin with the store of value role of gold. Instead of equal capital weights, the portfolio is a risk-weighted portfolio, which weights the allocations according to the inverse volatility of each asset. As a result, Bitcoin and gold provide about the same level of risk to overall performance. Rebalancing occurs monthly. Stronger-performing assets are reduced, and weaker assets are increased, which is intended to smooth returns over time. According to product data, BOLD has generated a 3-year Sharpe ratio of 1.79 and has $40.1 million in assets as of Jan. 12, 2026. Since its launch, it has returned 122.5% in sterling terms by the end…
Filed under: News - @ January 13, 2026 11:28 am