Bloomberg just launched two new investment indices that combine Bitcoin and Gold (BBIG and BBUG), making them among the first multi-asset indices to combine digital assets with traditional commodities.

According to the Feb. 13 press announcement, Bloomberg just launched two composite Bitcoin and Gold investment indices. The BBIG is an equal-weighted Bitcoin and Gold index. The BBUG index also includes the U.S. Dollar for added protection. According to Bloomberg, customers can adjust and customize configuration weights of the indices.

The idea behind these new indices is to balance Bitcoin’s growth potential with Gold’s stability. “As a key investment hurdle in Bitcoin is elevated volatility, we see a fundamental case for using Bitcoin and Gold, not Bitcoin versus Gold,” explained Jigna …