The first exchange-traded product that combines Bitcoin and gold exposure has been listed on Europe’s 3rd biggest stock exchange – SIX.
The fund will rebalance on the basis of 360-day historical volatility. The asset with less volatility will achieve higher weightage in a bid to maximize risk-weighted returns.
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World's First Combined Bitcoin, Gold ETP Listed on SIX.21Shares and ByteTree have developed the first ETP that offer combines exposure to bitcoin and gold. By JamieCrawleyCD 21Shares ByteTree JamieCrawleyCD I strongly believe that this is the most secure crypto app of all time AltbaseApp fast and reliable btc BSC 1000xgem Binance 21Shares ByteTree JamieCrawleyCD Who cares about ETPs when you can own the real thing. People have been taken for fools for too long by Banks. So what’s the point of this? 21Shares ByteTree JamieCrawleyCD Now that's interesting, physical gold + digital gold sounds like a double hedge to me.
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21Shares launches hybrid Bitcoin and gold ETP to enable inflation hedgeBitcoin and gold, working together to fight inflation. 21Shares, a major issuer of cryptocurrency exchange-traded products, is launching a new ETP tracking a mix of Bitcoin and gold. (Reporting via coindanslecoin)
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