BMAC – DDA Bitcoin Macro ETP

LEGAL DISCLAIMER

* Please verify with your investment advisor as this may differ from jurisdiction to jurisdiction.
** As values are updated once a day they might be outdated the time of viewing the website. For accurate information please refer to other official sources. The value is not necessarily the same as the ETPs’ on-exchange trading price. Investors should not expect to buy or sell the ETP at the determined value.

¹Income taxation for German investors: the notes should not qualify as other capital claims within the meaning of section 20 para. 1 no. 7 german income tax act (Einkommensteuergesetz, “EStG”) and the sale and redemption of the notes should, therefore, not lead to taxable investment income pursuant to section 20 EStG being subject to the flat tax regime (Abgeltungsteuer) (25% plus 5.5% solidarity surcharge and church taxes as the case may be) irrespective of any holding period. rather the provisions on private sales transactions (also known as “short-term capital gains”) pursuant to sections 22 no. 2, 23 para. 1 sentence 1 no. 2 sentence 1 EStG should apply which means that the acquisition and sale of notes by a private investor should only be taxable in germany if the period between acquisition and sale does not exceed one year (for the calculation of the one year period, the conclusion of the purchase and sale transaction under the law of obligations is decisive in each case). If a private investor sells his notes more than one year after he has acquired them, such sale should not be subject to tax. moreover, the redemption of the notes should not constitute a sale under the private sales transaction rules. More information under this link.

This website, the informational material and product information represents solely a non-binding preliminary information which serves exclusively advertising purposes and is not a prospectus in the sense of the European Securities Prospectus Act, the German Investment Act or the German Investment Code or a corresponding foreign law. The content is neither an offer nor a solicitation of an offer to purchase securities. The information on this website does not constitute investment advice or investment recommendation. The greatest possible care has been taken in the preparation of this website, but errors and omissions remain reserved. In case statements are made they are based on evaluations, economic data, own assessments and are forward looking statements at the time of preparation of the website and can be subject to changes. The price performance of cryptocurrencies is highly volatile and unpredictable and past price performance is no guarantee of future price performance.
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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.