21Shares launches BOLD, the world’s first Bitcoin and Gold ETP – PR Newswire

BOLD has been developed in partnership with ByteTree Asset Management, a UK specialist provider and manager of alternative investment strategies.

“At 21Shares, we are excited to introduce the public to the world’s first Bitcoin and Gold ETP.

As the oldest asset class, Gold has historically delivered portfolio protection in an inflationary environment and Bitcoin is regarded as  the digital equivalent of Gold, considering its growing adoption as a store of wealth.

“The BOLD investment strategy is a unique approach to blending a high return digital asset with a traditional store of value, with a low correlation to equities and bonds, said Charlie Erith, CEO at ByteTree Asset Management.

About 21Shares: 21Shares is the first issuer of crypto Exchange Traded Products with the largest product suite and has one of the most advanced and sophisticated research teams. In 2018, it pioneered the world’s first cryptocurrency index listing on the SIX Swiss Exchange.

Today, it is a provider of institutional-grade crypto-asset data, used by investors globally, and with BOLD it is now adviser to two institutional grade products, BOLD and the Bitcoin and General Fund.

This document and the information contained herein are not for distribution in or into and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities.

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