🇩🇪 World’s First Macro Bitcoin ETP Launched by DDA
Deutsche Digital Assets (DDA) has introduced a game-changing investment tool, the first-ever Macro Bitcoin Exchange-Traded Product (ETP) on Xetra.
This creative ETP provides investors with a fresh way to invest in cryptocurrency since it constantly changes its Bitcoin exposure depending on the current macroeconomic situation.
🔔 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. — Deutsche Digital Assets
🔸 Bitcoin ETP: Balancing Gains with Macroeconomic Risks
Importantly, the list marks a turning point for those trying to balance macroeconomic risks with possible returns. Now trading on Xetra of Deutsche Börse, the DDA Bitcoin Macro ETP stands out for its original approach of dynamically optimizing Bitcoin exposure in reaction to macroeconomic events.
Moreover, this ETP manages exposure to negative economic situations while also providing a mix of Bitcoin’s development potential. Coinbase Custody International Ltd. securely maintains a basket of cryptocurrencies known as the Compass FT DDA Bitcoin Macro Allocation Index (DDAMACRO), which completely supports it.
Turning now to a more general view, the ETP combines USD Coin (USDC) and Bitcoin (BTC) using important economic data to maximize exposure and improve long-term risk management.
Chief Product Officer of DDA, Dominik Poiger, underlined the creative character of the ETP and underlined that it provides investors with the possible upside of Bitcoin while reducing the dangers related to bad macroeconomic conditions. Unlike conventional crypto ETPs, this smart beta technique allows a more exact investing plan.
