BOLD aims to deliver protection against monetary inflation, giving optimal risk-adjusted exposure to Bitcoin and Gold
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.
While Bitcoin and Gold travel along different paths, it is notable how BOLD has historically been highly correlated with the global money supply.
Gold’s volatility has risen sharply while Bitcoin’s has remained stable, and so the BOLD Index has increased exposure to Bitcoin at the expense of Gold.
This week, ByteTree held a must-watch conversation with none other than Chris Wood, the Global Head of Equity Strategy
