DDA Waives the Fee of its Flagship Bitcoin Macro ETP
- Europe’s first and only Smart Beta Bitcoin ETP is now available with 0% TER for a period of 6 months starting from 01 March 2025.
- DDA Bitcoin Macro ETP (ISIN: DE000A3G9SE0; WKN: A3G9SE, Ticker: BMAC) dynamically shifts between BTC and USDC based on macroeconomic factors enabling investors to gain exposure to Bitcoin while managing their risk more efficiently over the long term.
- The ETP tracks the Compass FT DDA Bitcoin Macro Allocation Index and trades on Deutsche Börse Xetra and Euronext Paris
- The ETP is 100% collateralized by coins held in an institutional-grade custody solution with Coinbase Custody International Ltd.
FRANKFURT, GERMANY, 27 February 2025 – Deutsche Digital Assets (DDA), a European pioneer in innovative digital asset investment solutions, announces a waiver of the Total Expense Ratio (TER) to 0% for its flagship Bitcoin Macro ETP (ISIN: DE000A3G9SE0; WKN: A3G9SE, Ticker: BMAC). The fee waiver will be effective for a limited period of 6 months starting from 01 March 2025, providing investors with a benefit of gaining exposure to the only smart beta Bitcoin ETP in the market without incurring management fees.
The DDA Bitcoin Macro ETP goes beyond static Bitcoin exposure. The product shifts dynamically between Bitcoin and US Dollar (via the stablecoin USDC) based on key macroeconomic factors, aiming to reduce drawdowns during major economic downtrends. Historically, the index tracked by the ETP has shown lower volatility and an improved Sharpe ratio when compared to a pure Bitcoin exposure. Additionally, any further income generated by the underlying is accumulated to the ETP to increase the coin entitlement.
DDA Bitcoin Macro ETP is 100% physically backed by the underlying assets, composing the Compass FT DDA Bitcoin Macro Allocation Index (“DDAMACRO”) and is held in an institutional-grade custody solution with Coinbase Custody International Ltd. ensuring the highest standards of investor trust.
“We are witnessing an acceleration in Bitcoin’s adoption among both private and professional investors. We believe that the DDA Bitcoin Macro ETP has the potential to become a benchmark for Bitcoin investments, offering a smarter exposure than traditional Bitcoin ETPs currently available in the market” said Romain Bensoussan, Head of Sales at Deutsche Digital Assets.
“The DDA Bitcoin Macro ETP is a truly unique product that allows investors to gain dynamic exposure to the price of bitcoin while trying to reduce drawdowns. We strongly believe that BMAC is a superior product that should be made available to investors as easily as possible. The fee waiver emphasizes our commitment to put the investor first,” said Dominik Poiger, Head of Product Management at Deutsche Digital Assets.
| Product name | DDA Bitcoin Macro ETP |
| Ticker Xetra / Bloomberg | BMAC / BMAC GY / BMAC FP |
| ISIN / WKN | DE000A3G9SE0 / A3G9SE |
| Waived Fee | 0.00% |
| 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) |
For more information about Deutsche Digital Assets and its full range of crypto ETPs, visit www.deutschedigitalassets.com 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 digital asset manager that serves as a trusted gateway for investors seeking exposure to crypto assets. DDA, through various subsidiaries worldwide, 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 investments as easy as buying a stock. For more information, please visit https://deutschedigitalassets.com/.
Press Contact:
Syuzanna Avanesyan
[email protected]
www.deutschedigitalassets.com
Disclaimer:
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.
Important Notices:
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/
@Deutsche Digital Assets │2025│ DDA Waives the Fee of its Flagship Bitcoin Macro ETP
