We are excited to relay the official launch of the DDA Bitcoin Macro ETP by Deutsche Digital Assets, based on the DDA Bitcoin Macro Allocation Index (DDAMACRO). The DDA Bitcoin Macro Allocation Index, developed in collaboration with Compass Financial Technologies and Deutsche Digital Assets, is a pioneering index that gives investors dynamic exposure to Bitcoin through key macroeconomic factors. This index exemplifies our ongoing commitment to delivering innovative solutions in the digital assets industry. #digitalassets #innovation #index
🔔 𝗗𝗲𝘂𝘁𝘀𝗰𝗵𝗲 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗔𝘀𝘀𝗲𝘁𝘀 𝗟𝗶𝘀𝘁𝘀 𝗪𝗼𝗿𝗹𝗱'𝘀 𝗙𝗶𝗿𝘀𝘁 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗠𝗮𝗰𝗿𝗼 𝗘𝗧𝗣 𝗼𝗻 𝗫𝗲𝘁𝗿𝗮 🔔 We are thrilled to announce the launch of the revolutionary DDA Bitcoin Macro ETP - the world's first Bitcoin ETP dynamically optimizing Bitcoin exposure based on macroeconomic factors. The ETP is now listed and starts trading on Deutsche Börse’s Xetra Trading on 3 July 2024. ▶ DDA Bitcoin Macro ETP is 100% physically backed by a basket of cryptocurrencies composing the Compass Financial Technologies DDA Bitcoin Macro Allocation Index (DDAMACRO) and is held in an institutional-grade custody solution with Coinbase Custody International Ltd. The ETP provides a dynamic, systematic exposure to BTC 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%. 💬 "We are excited to announce the listing of DDA Bitcoin Macro ETP, our first smart beta crypto ETP. The Bitcoin Macro ETP represents a truly unique product that is not simply another cryptocurrency wrapped into an ETP but gives investors the upside of Bitcoin while trying to protect against adverse macro environments." said Dominik Poiger, CFA, Chief Product Officer of DDA. 💬 “The volatility and drawdowns associated with investing in cryptocurrencies scare many retail and institutional investors. We want to offer a range of smart beta strategies enabling them to gain exposure to cryptocurrencies while managing their risk more efficiently over the long term. The first one launched by DDA reduces its exposure when the biggest macroeconomic factors weigh negatively on the Bitcoin price.” said Marc des Ligneris, in charge of quantitative strategies at DDA. ✔️🔔 Available for trading at the Deutsche Börse’s Xetra, through your regular bank or broker. Read the official PR here: https://lnkd.in/eQAEkhC6 _______ This content is for informational and promotional purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Investing in DDA ETPs involves risks, including the potential loss of invested capital. Cryptocurrency prices are highly volatile and past performance is not indicative of future results. Always conduct your own research and consult with a financial advisor before making any investment decisions. A prospectus containing detailed information about DDA ETPs is available at https://lnkd.in/eRZC8XyY #Bitcoin #BitcoinMacro #BitcoinETP #BitcoinInvesting