ETP links Bitcoin and gold on the London Stock Exchange for UK investors.

• Regulated ETP combines Bitcoin and gold on the LSE.
• The product offers physical display and monthly rebalancing.
• FCA grants retail access to cryptocurrencies.

Investors in the United Kingdom now have a new regulated alternative to access Bitcoin and gold in a single exchange-traded product. The instrument, named BOLD, debuted on the Main Market of the London Stock Exchange on January 13, 2026, after receiving regulatory approval that broadened the reach of cryptocurrency investments to the retail public.

The launch of BOLD represents one of the most significant integrations between digital assets and traditional capital markets in Europe. By bringing Bitcoin and gold together in a single structure, the product reflects a growing trend of convergence between classic financial instruments and new forms of exposure to cryptocurrencies.

The ETP was developed by 21Shares, a Swiss-based asset manager with a solid track record of launching regulated cryptocurrency-linked products in various global jurisdictions. In the case of BOLD, investors gain physical exposure to both Bitcoin and gold, with direct backing in the underlying assets.

NEW: 🇬🇧 London Stock Exchange announced it listed a Bitcoin and Gold ETP, giving investors access to both "store-of-value assets" 👀

- Bitcoin Magazine (January 22, 2026)

Unlike traditional single-asset products, BOLD combines the two markets through a risk-based monthly rebalancing model. This structure seeks to automatically adjust the share of each asset, considering volatility and market behavior, without requiring constant investor intervention.

The product is available for trading in British pounds and US dollars, which broadens its accessibility within conventional brokerage accounts in the UK. Another key point is that the assets are physically held, eliminating the use of synthetic structures or derivatives to replicate prices.

The listing of the Bitcoin-Gold ETP on the LSE comes at a time of significant regulatory change. Following the Financial Conduct Authority's decision to lift the ban on cryptocurrency ETPs for retail investors, demand for regulated products with crypto exposure has gained momentum in the UK market.

By positioning Bitcoin alongside gold, an asset traditionally associated with preserving value, BOLD can attract investors who prefer a more balanced approach when accessing cryptocurrencies. This combination creates a direct bridge between established allocation strategies and the growing interest in digital assets within regulated environments.

This development reinforces the trend of structured products involving Bitcoin and other physical assets taking up an increasingly larger space in the traditional financial markets of the United Kingdom and Europe.