- DDA Bitcoin Macro ETP (ISIN: DE000A3G9SE0; WKN: A3G9SE, Ticker: BMAC) is listed and starts trading on Euronext Paris on 17 September 2024
- DDA Bitcoin Macro ETP tracks the Compass FT DDA Bitcoin Macro Allocation Index (“DDAMACRO Index”)
- The newly launched ETP offers investors exposure to the world’s first Bitcoin ETP that dynamically shifts between BTC and USDC based on macroeconomic factors
- The ETP is 100% collateralized by coins held in an institutional-grade custody solution with Coinbase Custody International Ltd.
FRANKFURT, GERMANY, 17 September 2024 – The revolutionary DDA Bitcoin Macro ETP (ISIN: DE000A3G9SE0; WKN: A3G9SE, Ticker: BMAC) is now listed and starts trading on Euronext Paris on 17 September 2024. BMAC provides investors with a dynamic, systematic exposure to Bitcoin and USDC, utilizing key macroeconomic factors to optimize its Bitcoin exposure and enhance long-term risk management, at a total expense ratio of 2.00%.
DDA Bitcoin Macro ETP is 100% physically backed by a basket of cryptocurrencies composing the Compass FT DDA Bitcoin Macro Allocation Index (“DDAMACRO”) and is held in an institutional-grade custody solution with Coinbase Custody International Ltd.
“With the listing on Euronext Paris investors from France can now invest even more economically and easily in the only macro ETP on Bitcoin: the DDA Bitcoin macro ETP. The Bitcoin Macro ETP represents a truly unique product that is not simply another cryptocurrency wrapped into an ETP but gives investors exposure to Bitcoin while trying to protect against adverse macro environments.” said Dominik Poiger, CFA, Chief Product Officer of DDA.
| Product name | DDA Bitcoin Macro ETP |
| Ticker Xetra / Bloomberg | BMAC / BMAC GY |
| ISIN / WKN | DE000A3G9SE0 / A3G9SE |
| TER | 2.00% |
| Base Currency | USD |
| Underlying | DDA Bitcoin Macro Allocation Index (“DDAMACRO”) |
| Product Structure | Physically replicating |
| Rebalancing Frequency | Daily (up to) |
| Income Treatment | Accumulating |
| Index Provider | Compass FT |
| Domicile | Liechtenstein |
| Issuer | DDA ETP AG |
| Security Trustee | Griffin Trust AG |
| Custodian(s) | Coinbase Custody International Ltd. |
| Inception Date | 18 June 2024 |
| Listing Date(s) & Trading Currency | 3 July 2024 (Deutsche Börse Xetra, EUR)17 September 2024 (Euronext Paris, EUR) |
The new listing complements DDA’s offering of crypto ETPs on multiple European exchanges including:
- DDA Physical Bitcoin ETP (XBTI, ISIN: DE000A3GK2N1, WKN: A3GK2N)
- DDA Physical Ethereum ETP (IETH, ISIN: DE000A3GTML1, WKN: A3GTML)
- DDA Crypto Select 10 ETP (SLCT, ISIN: DE000A3G3ZD0, WKN: A3G3ZD)
For more information on the DDA Bitcoin Macro ETP, please visit the DDA website https://deutschedigitalassets.com/bitcoin-macro/ or contact the team directly under [email protected] .
About Deutsche Digital Assets –– www.deutschedigitalassets.com
Established in 2017, Deutsche Digital Assets GmbH (DDA) is a German crypto and digital asset manager that serves as a trusted gateway for investors seeking exposure to crypto assets. DDA, through various subsidiaries, offers a menu of crypto investment products and solutions, ranging from passive to actively managed, as well as financial product white-labeling services for asset managers. By leveraging traditional financial products, DDA provides investors with familiar access to a range of crypto asset ETPs and quantitative strategies, making crypto and digital asset acquisition as easy as buying a stock. For more information, please visit https://deutschedigitalassets.com/.
Press Contact:
Syuzanna Avanesyan
[email protected]
www.deutschedigitalassets.com
Important Notices:
This is a marketing communication. The material and information contained in this article is for informational purposes only.
Deutsche Digital Assets GmbH, its affiliates, and subsidiaries are not soliciting any action based upon such material. This article is neither investment advice nor a recommendation or solicitation to buy any securities.
Performance is unpredictable. Past performance is hence not an indication of any future performance.
You agree to do your own research and due diligence before making any investment decision with respect to securities or investment opportunities discussed herein.
Our articles and reports include forward-looking statements, estimates, projections, and opinions. These may prove to be substantially inaccurate and are inherently subject to significant risks and uncertainties beyond Deutsche Digital Assets GmbH’s control.
We believe all information contained herein is accurate, reliable and has been obtained from public sources. However, such information is presented “as is” without warranty of any kind.
This article represents solely a non-binding preliminary information which serves exclusively advertising purposes. It is not a prospectus in the sense of the Regulation (EU) 2017/1129(Prospectus Regulation) and the German Securities Prospectus Act (Wertpapierprospektgesetz – WpPG). It does not constitute an offer of securities for sale in the United States and the securities referred to in this notice may not be offered or sold in the United States absent registration or an exemption from registration.
Risk Considerations:
The price of an investment in a DDA ETP may go up or down and the investor may not get back the amount invested. The price performance of cryptocurrencies is highly volatile and unpredictable. Past performance is hence no guarantee of future performance. You agree to do your own research and due diligence before making any investment decision with respect to securities or investment opportunities discussed herein. The approval of the prospectus should not be construed as an endorsement of the securities offered or admitted to trading on a Regulated Market. These are not extensive risk considerations. Prospective investors should read the prospectus before making any investment decision in order to fully understand the potential risks and rewards of deciding to invest in the securities.
The prospectus is available at https://deutschedigitalassets.com/
