DDA Crypto Select 10 ETP (ISIN: DE000A3G3ZD0; WKN: A3G3ZD, Ticker: SLCT) has been listed and is now available for trading on Deutsche Börse’s Xetra platform as of June 27, 2023. This exchange-traded product (ETP) offers investors a cost-effective way to gain exposure to the top 10 largest crypto assets by market capitalization on Xetra. The ETP is 100% backed by a basket of cryptocurrencies held in an institutional-grade custody solution with Aplo SAS.
The DDA Crypto Select 10 ETP provides investors with the opportunity to diversify their portfolios and gain exposure to a range of crypto assets in a single investment. This diversification can help balance portfolio risk and capture potential upside in the crypto market. It is the first multi-asset crypto ETP offered by DDA, demonstrating their commitment to innovation and meeting the needs of institutional and individual investors.
The ETP tracks the MarketVector™ Digital Assets Max 10 VWAP Close Index (“MVDAMV”), which provides a balanced and diversified selection of the top 10 cryptocurrencies. This index is designed to deliver effective and dynamic performance in the evolving digital asset market.
DDA is a German crypto and digital asset manager that acts as a trusted gateway for investors seeking exposure to crypto assets. Through its various subsidiaries, DDA offers a range of crypto investment products and solutions, including both passive and actively managed strategies. DDA leverages traditional financial products to provide investors with familiar access to crypto assets, making it as easy as buying a stock.
The new listing of DDA Crypto Select 10 ETP complements DDA’s existing offering of crypto exchange-traded products, including DDA Physical Bitcoin ETP (XBTI) and DDA Physical Ethereum ETP (IETH) on multiple European exchanges. DDA also has its DDA Physical ApeCoin ETP (IAPE) listed on Börse Stuttgart.
For more information on DDA Crypto Select 10 ETP, please visit the DDA website.