Cryptocurrency News

21Shares launches hybrid Bitcoin and gold ETP to enable inflation hedge

04/27/2022

Less than a minute

2022.04.27 15:10

21Shares launches hybrid Bitcoin and gold ETP to enable inflation hedge

21Shares, a major issuer of cryptocurrency exchange-traded products (ETP), is launching a new ETP tracking a mix of Bitcoin (BTC) and gold.

The Switzerland-based firm on Wednesday announced the launch of the 21Shares ByteTree BOLD ETP (BOLD), a new product aiming to provide inflation protection by tracking an index providing risk-adjusted exposure to both BTC and gold.

04/27/2022

Less than a minute

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