21Shares Lists Bitcoin And Gold ETP On London Stock Exchange
Summary
21Shares, a leading global ETP provider, has listed its Bitcoin and Gold ETP, known as BOLD, on the London Stock Exchange (LSE), making it available to UK retail investors. The BOLD ETP, developed with ByteTree Asset Management, is 100% physically backed and allocates approximately two-thirds to gold and one-third to Bitcoin, aiming to offer a balanced hedge against inflation by combining gold's traditional role with Bitcoin's 'digital gold' status. The fund began trading under the tickers "BOLD" (in GBP) and "BOLU" (in USD). This LSE listing follows its debut on the SIX Swiss Exchange in 2022 and subsequent listings across other major European exchanges. The ETP has a management fee of 0.65% and currently holds $40.2 million in assets under management.
(Source:Cointelegraph)