Bitcoin and gold investors should bear in mind the importance of rebalancing. Blue line is the 21Shares Bitcoin and gold ETF (BOLD), which has beaten the original fixed weights (with no rebalancing and no fees) by 21% since launch in 2022. Rebalancing pays ...👇
Rebalancing takes the actual weight, due to bitcoin and gold price movements, and brings it back to the target weight. Notice the target weight (green) is rising as gold volatility has risen, and bitcoin vol has fallen. Next BOLD rebalancing on Monday ...
BOLD 37.4% ahead of gold. Lags Bitcoin but that's expected in a bull market and ...
BOLD has been a calm ride, and volatility has fallen below gold. In finance speak, BOLD has a high risk-adjusted return.
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