- 21Shares’ Bitcoin and Gold ETP begins trading on LSE.
- New options for UK retail investors.
- Potential inflation hedge and growth opportunity in one product.
21Shares AG, in collaboration with ByteTree Asset Management, launched the Bitcoin and Gold ETP, ‘BOLD’, on the London Stock Exchange on January 13.
The launch signifies a pivotal expansion into the UK market, offering investors a unique blend of asset stability and growth amid evolving regulatory landscapes.
21Shares has launched its Bitcoin and Gold ETP, known as BOLD, on the London Stock Exchange. This marks an expansion into UK-regulated markets following its introduction on Switzerland’s SIX Exchange.
21Shares AG, in partnership with ByteTree Asset Management, spearheaded this launch. Russell Barlow, CEO of 21Shares, highlighted the ETP’s aim to combine Bitcoin’s growth potential with gold’s stability.
UK retail investors now have access to a product that offers a hedge against inflation while gaining exposure to Bitcoin. The regulatory approval by the UK Financial Conduct Authority paved the way for such offerings.
The BOLD ETP, managing $40.1 million, charges an annual fee of 0.65%. This physically backed ETP implements monthly rebalancing grounded on inverse historical volatility for stability of Bitcoin and gold assets. Upon the FCA’s approval in October 2025, UK retail restrictions on crypto ETPs were lifted. This allowed increased trading volumes for crypto products like BOLD.
Analysts predict that BOLD’s integration could drive further crypto adoption in regulated markets. The product’s past performance on the SIX Exchange, with a return of 122.5% since April 2022, underscores its potential benefits. “BOLD is an exciting new product that aims to offer investors a potential hedge against inflation, exposure to Bitcoin’s growth potential, and the relative stability of gold,” said Russell Barlow, CEO of 21Shares, in a statement.
