GRAYLL's GRZ | Arkady algorithm has been updated, as it seems many traditional participants seem more interested in Bitcoin (BTC) we have added a 10% exposure of BTC/USD to GRZ. This means GRZ now has a higher volatility, but we see this as an opportunity towards a potential rise in the longer-term future value of Bitcoin. We consider the long-term upside potential to outweigh the short-term downside risks. If Bitcoin becomes to risky for the GRZ algorithm to manage we may reduce the exposure to BTC/USD.

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GRZ is the Reference Value of GRAYLL's Arkady algorithm. Arkady is a perpetual algorithm that performs according to the real-time value of the 7 major global fiat currency trading pairs; EURusd, JPYusd, GBPusd, CHFusd, AUDusd, CADusd and CNYusd. The performance of Arkady is also related to Consumer Price Inflation (CPI), the increasing US Unfunded Liabilities (debt obligations) and growing interest payments on US Government debt and 10% exposure to Bitcoin (BTCusd).