The BOLD Report

Bitcoin + Gold = BOLD

The BOLD Report is about putting focus on the BOLD Index, and the contributing macro environment.

for more.

[The BOLD Report @bold_report]

Keynote of the BOLD Index (Bitcoin and Gold) to the European Mining Forum https://t.co/hI89k3y3iL

[The BOLD Report @bold_report]

favouring gold again?

[The BOLD Report @bold_report]

Remarkable breakaway

[The BOLD Report @bold_report]

It's a big change from a month ago

[The BOLD Report @bold_report]

@asidesilva @EricBalchunas you can do both here https://t.co/uznD9Y0Mzw

[The BOLD Report @bold_report]

@asidesilva @EricBalchunas our table is in ounces, BBG in $

[Charlie Morris @AtlasPulse]

Over the past year Bitcoin and Gold have enjoyed similar returns. Whenever that happens, BOLD moves slightly ahead of both assets held, which demonstrated the added value from monthly rebalancing transactions.

[The BOLD Report @bold_report]

Gold ETF inflows over 90 days now match levels seen in 2020. Bitcoin outflows slow.

[The BOLD Report @bold_report]

Gold ETF assets now $306 billion - largest ever. Bitcoin catching up at $106 billion.

[The BOLD Report @bold_report]

Gold ETF flows positive in Europe but nothing like the US or Asia.

[The BOLD Report @bold_report]

Gold ETF flows are now substantial. See regional moves in the thread.

[The BOLD Report @bold_report]

Gold ETF flows big in the Americas.

[The BOLD Report @bold_report]

Daily ETF flows - Europe buys

[The BOLD Report @bold_report]

Bitcoin gobal weekly ETF flows still negative but only slight. The thread shows a pick up in both Europe and Asia, with the US neutral.

[The BOLD Report @bold_report]

Daily ETF flows - Asia buys

[The BOLD Report @bold_report]

Gold, BOLD, Bitcoin, S&P 500

[The BOLD Report @bold_report]

Keynote of the BOLD Index (Bitcoin and Gold) to the European Mining Forum https://t.co/hI89k3y3iL

[The BOLD Report @bold_report]

To get the index back in to line with the target weights, this required a 1.9% addition to Bitcoin and a 1.9% reduction in Gold, due to price changes over the month.

[The BOLD Report @bold_report]

In March, BOLD rose by 6.1%, Bitcoin fell by 2.1%, and Gold rose by 9.3%, while global equities fell by 4.7% in USD terms.

The target weights last month were 25.5% and 74.5% (Bitcoin to Gold). Price changes over the month led to the last day’s weights at 23.8% Bitcoin and 76.2% Gold. This means the latest rebalancing has seen 1.9% added to Bitcoin and reduced from Gold to meet the new target weights.

[The BOLD Report @bold_report]

Volatilities were observed to be 40.7% and 14.1% for Bitcoin and gold leading to the new weights.