• Leading German asset manager Deutsche Digital Assets (DDA) is launching its multi-asset crypto exchange-traded product (ETP).
• The DDA Crypto Select 10 ETP offers investors a diversified portfolio of the top 10 crypto assets, and profits from lending and staking rewards.
• The ETP will be available on Deutsche Börse Xetra with the ticker symbol “SLCT”.
Deutsche Digital Assets Launches Multi-Asset Crypto Exchange Traded Product
Leading German asset manager Deutsche Digital Assets (DDA) is shaking up the crypto investment scene by launching its revolutionary multi-asset crypto exchange-traded product (ETP). This offering, known as the DDA Crypto Select 10 ETP, is set to hit the trading floors of Deutsche Börse Xetra in a few weeks.
Portfolio of Top 10 Cryptocurrency Assets
The ETP offers investors a valuable chance to invest in a comprehensive selection of the most prominent digital assets. By acquiring the ETP, investors can access a diversified portfolio of the top 10 crypto assets while maintaining cost efficiency. A vital advantage of the DDA Crypto Select 10 ETP lies in its incorporation of profitable lending and staking rewards.
MarketVector Digital Assets Max 10 VWAP Close Index
The ETP derives its value from the MarketVector Digital Assets Max 10 VWAP Close Index (MVDAMV), a curated assortment of crypto assets. Consequently, the success of the ETP is intricately tied to the performance of these assets. To ensure that these assets are held securely, they are held in a robust custody solution offered by SheeldMarket SAS.
Availability on Deutsche Börse Xetra
European investors can look forward to accessing this EPT on Deutsche Börse Xetra using distinctive ticker symbol “SLCT” along with ISIN DE000A3G3ZD0 and WKN A3G3ZD identifiers. The introduction of this product coincides with an increasing demand for regulated crypto investment vehicles across Europe.
Conclusion
DDA has established itself as one of premier destinations for investors seeking secure and reliable gateway to digital assets investments through their new multi-asset cryptocurrency exchange traded product (ETP). With its ability to offer diversified portfolios and profitable returns, this innovative product provides European investors with an efficient way to gain exposure into cryptocurrencies arena without compromising on security or costs