Deutsche Digital Assets (DDA), a European pioneer in innovative digital asset investment solutions, announces a waiver of the management fee for its flagship smart beta DDA Bitcoin Macro ETP (ISIN: DE000A3G9SE0) from 2.00% to 0% until at least 30 September 2025.
Dominik Poiger, Head of Product Management at Deutsche Digital Assets
- Europe’s first and only Smart Beta Bitcoin ETP is now available with 0% TER for a period of 6 months starting from 01 March 2025.
- DDA Bitcoin Macro ETP (ISIN: DE000A3G9SE0; WKN: A3G9SE, Ticker: BMAC) dynamically shifts between BTC and USDC based on macroeconomic factors enabling investors to gain exposure to Bitcoin while managing their risk more efficiently over the long term.
- The ETP tracks the Compass FT DDA Bitcoin Macro Allocation Index and trades on Deutsche Börse Xetra and Euronext Paris
- The ETP is 100% collateralized by coins held in an institutional-grade custody solution with Coinbase Custody International Ltd.
The fee waiver will be effective for a limited period of 6 months starting from 01 March 2025, providing investors with a benefit of gaining exposure to the only smart beta Bitcoin ETP in the market without incurring management fees.
The DDA Bitcoin Macro ETP goes beyond static Bitcoin exposure. The product shifts dynamically between Bitcoin and US Dollar (via the stablecoin USDC) based on key macroeconomic factors, aiming to reduce drawdowns during major economic downtrends. Historically, the index tracked by the ETP has shown lower volatility and an improved Sharpe ratio when compared to a pure Bitcoin exposure. Additionally, any further income generated by the underlying is accumulated to the ETP to increase the coin entitlement.
DDA Bitcoin Macro ETP is 100% physically backed by the underlying assets, composing the Compass FT DDA Bitcoin Macro Allocation Index (“DDAMACRO”) and is held in an institutional-grade custody solution with Coinbase Custody International Ltd. ensuring the highest standards of investor trust.
“The DDA Bitcoin Macro ETP is a truly unique product that allows investors to gain dynamic exposure to the price of bitcoin while trying to reduce drawdowns. We strongly believe that BMAC is a superior product that should be made available to investors as easily as possible. The fee waiver emphasizes our commitment to put the investor first,” said Dominik Poiger, Head of Product Management at Deutsche Digital Assets.
“We are witnessing an acceleration in Bitcoin’s adoption among both private and professional investors. We believe that the DDA Bitcoin Macro ETP has the potential to become a benchmark for Bitcoin investments, offering a smarter exposure than traditional Bitcoin ETPs currently available in the market” said Romain Bensoussan, Head of Sales at Deutsche Digital Assets.
Source: ETFWorld.co.uk
Subscribe to Our Newsletter
