German digital assets launched the first smart Bitcoin ETP worldwide

German digital assets introduced the DDA Bitcoin Macro ETP-the first intelligent Bitcoin Exchange Traded Product (ETP), which is designed to dynamically adapt the commitment to BTC to the macroeconomic conditions.

This innovative product will be available for retail on the Xetra platform of the German Stock Exchange from Wednesday. The German Stock Exchange, or Deutsche Börse Group, is a German multinational company that offers a marketplace for trading in shares and other securities.

🔔 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… pic.twitter.com/Uzjjcgxru1

— Deutsche Digital Assets (@DDA_GmbH) July 3, 2024

The DDA Bitcoin Macro ETP is fully secured by a diversified basket of cryptocurrencies from the Compass FT DDA Bitcoin Macro Allocation Index and is safely in “Cold Storage“Knocked.

This ETP offers systematic and adaptive engagement in Bitcoin (BTC) and USDC, with important macroeconomic factors to optimize Bitcoin engagement and control of long-term risks.

The ETP adapts its commitment in Bitcoin based on macroeconomic factors and is under the ticker symbol “BMAC“Traded with a total cost rate of 2%.

Marc des Ligneris, head of quantitative strategies at DDA, said:

We would like to offer a number of smart beta strategies that enable investors to build an engagement in cryptocurrencies and at the same time to control their risk more effectively in the long term. The first of these strategies that DDA appeared reduces commitment when the most important macroeconomic factors negatively influence the Bitcoin price.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.