Debasement Drives BOLD
August was a strong month for the debasement trade as the US Treasury intervened in the bond market.
BOLD aims to deliver protection against monetary inflation, giving optimal risk-adjusted exposure to Bitcoin and Gold
August was a strong month for the debasement trade as the US Treasury intervened in the bond market.
ByteTree BOLD Index Monthly Rebalancing Report; Following rebalancing on 31st July 2026, the new target weights for the BOLD Index
Equities have recently begun to outperform hard assets as rising real interest rates have strengthened the US dollar.
Equities have broken away from Bitcoin and Gold over the past fortnight, driven by technology hardware linked to the AI boom, which is sucking capital away from the rest of the market.
Bitcoin has led global equities in April and has proved resilient in a haphazard market environment.
There is no other major, highly liquid asset pair with these qualities than Bitcoin and Gold.