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

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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 (BTC) and gold.

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