A novel exchange-traded product, combining Bitcoin and gold, has been launched on the SIX Swiss Exchange and comes when threats of stagflation have battered traditional 60/40 or risk-parity portfolios. 

Switzerland-based firm 21Shares and U.K. alternative investment provider ByteTree Asset Management announced Wednesday BOLD ETP (ticker BOLD) to provide "protection against inflation, giving optimal risk-adjusted exposure to bitcoin and gold."