ETC Group MSCI Digital Assets Select 20 ETP now Listed on Deutsche Bahn XETRA

On April 24th, it was announced that ETC Group’s MSCI Index based cryptocurrency exchange trading product, ETC Group MSCI Digital Assets Select 20 ETP, was listed on the Deutsche Bahn XETRA and can be traded in US dollars and euros. This product tracks the top 20 investable digital assets, and the three largest positions in the index are currently Bitcoin, Ethereum, and XRP. The index is managed and calculated by MSCI and is adjusted quarterly. When rebalancing, the maximum weight of a single component is 30%.

ETC Group Launches MSCI Index Based Cryptocurrency ETP Listing XETRA

On April 24th, ETC Group announced that its MSCI Index-based cryptocurrency exchange trading product, ETC Group MSCI Digital Assets Select 20 ETP, can now be traded in US dollars and euros on Deutsche Bahn XETRA. This product tracks the top 20 investable digital assets, and the three largest positions in the index are currently Bitcoin, Ethereum, and XRP. The index is managed and calculated by MSCI and is adjusted quarterly, with the maximum weight of a single component set at 30%.

The Rise of Cryptocurrency ETFs

Cryptocurrency exchange traded funds (ETFs) have become increasingly popular among investors over the past few years. They offer investors access to the cryptocurrency market without having to own the underlying assets, making it easier for them to diversify their portfolios. The launch of ETC Group MSCI Digital Assets Select 20 ETP on Deutsche Bahn XETRA allows investors to trade a diversified basket of digital assets on a regulated stock exchange.

What is ETC Group MSCI Digital Assets Select 20 ETP?

ETC Group MSCI Digital Assets Select 20 ETP is an exchange-traded product (ETP) that tracks the MSCI Crypto Large Cap Index, which reflects the performance of the top 20 largest and most liquid digital assets. The index is designed to capture a broad range of the digital asset market while balancing liquidity and investability. ETC Group, together with MSCI, manages and calculates the index, which is rebalanced quarterly.

How Does It Work?

ETC Group MSCI Digital Assets Select 20 ETP works like any other ETF. Investors can buy and sell shares of the ETP on Deutsche Bahn XETRA, just like any other stock. The ETP is priced based on the value of the underlying assets. The fund uses a passive investment strategy, which means that it aims to track the performance of the MSCI Crypto Large Cap Index.

Benefits of ETC Group MSCI Digital Assets Select 20 ETP

One of the key benefits of ETC Group MSCI Digital Assets Select 20 ETP is that it allows investors to gain exposure to a diversified basket of digital assets without having to own the underlying assets themselves. This makes it an attractive option for investors who want to diversify their portfolios. The ETP is also listed on a regulated stock exchange, making it more accessible and offering investors greater liquidity.

Risks of Investing in ETC Group MSCI Digital Assets Select 20 ETP

Investors should be aware that investing in ETC Group MSCI Digital Assets Select 20 ETP comes with risks. Cryptocurrencies are highly volatile and can experience significant price swings over short periods of time. This can result in significant losses for investors. Additionally, the ETP is subject to market and liquidity risk, and its value can be affected by factors outside of investors’ control.

Conclusion

The launch of ETC Group MSCI Digital Assets Select 20 ETP on Deutsche Bahn XETRA is further evidence of the growing popularity of cryptocurrency ETFs among investors. This latest offering provides investors with a way to gain exposure to a diversified basket of digital assets on a regulated stock exchange. However, investors should be aware of the risks associated with investing in digital assets before making any investment decisions.

FAQs

How is the ETC Group MSCI Digital Assets Select 20 ETP priced?

The ETP is priced based on the value of the underlying assets. The fund uses a passive investment strategy, which means that it aims to track the performance of the MSCI Crypto Large Cap Index.

What are the risks of investing in ETC Group MSCI Digital Assets Select 20 ETP?

Investing in ETC Group MSCI Digital Assets Select 20 ETP comes with risks. Cryptocurrencies are highly volatile and can experience significant price swings over short periods of time. This can result in significant losses for investors. Additionally, the ETP is subject to market and liquidity risk, and its value can be affected by factors outside of investors’ control.

Where can investors buy and sell shares of ETC Group MSCI Digital Assets Select 20 ETP?

Investors can buy and sell shares of ETC Group MSCI Digital Assets Select 20 ETP on Deutsche Bahn XETRA, a regulated stock exchange.