First MSCI index-based Crypto ETP launched by ETC Group begins trading on XETRA

First MSCI index-based Crypto ETP launched by ETC Group begins trading on XETRA

ETC Group

ETC Group

First MSCI Index based Crypto ETP launched of ETC Group begins trading on XETRA

  • The ETC Group MSCI Digital Assets Select 20 ETP (DA20) tracks the performance of the top 20 digital assets, which make up around 85% of the crypto market.1

  • Investors can now passively diversify into the crypto asset market with just one ETP.

Frankfurt, April 24th 2023 – ETC Group announces listing and start of trading of ETC Group MSCI Digital Assets Select 20 ETP (ISIN DE000A3G3ZL3, WKN A3G3ZL) on Deutsche Börse Xetra. The new exchange-traded product tracks the performance of the MSCI Global Digital Assets Top 20 Capped Index and is listed under its primary ticker DA20. ETP is tradable in EUR and USD on Xetra.

Issued in Germany, this is the first time investors can invest in the broad crypto market via an exchange-traded basket product that tracks the top 20 investable digital assets that make up approximately 85% of the crypto market. The three largest positions in the index are currently Bitcoin (ETC), Ethereum (ETH) and Ripple (XRP). The index is managed and calculated by MSCI and is rebalanced quarterly. In rebalancing, the weight of individual components is limited to 30 percent to improve diversification. Stable coins, privacy coins as well as ecosystem tokens and so-called meme coins are not included in the index.

The index methodology is publicly available at

Investors can trade the new ETP as stocks or ETFs through their regular securities account with online brokers and banks that offer trading on Xetra and crypto ETP trading. Like all ETC Group products, ETC Group MSCI Digital Assets Select 20 is fully backed by the underlying digital assets and issuer risk is minimized via an independent trustee. The digital assets supporting the ETP are safely and professionally stored in cold storage by a regulated custodian. All transactions are additionally monitored independently by a dedicated administrator.

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The product offers an efficient way to passively diversify into the crypto market via a regulated financial product.

En.dpp

Cryptocurrencies are highly volatile and your capital is at risk.
The information in this press release is not, and in no way shall be construed as, an advertisement or any other step in furtherance of a public offering to retail investors in the United Kingdom, or a public offering in the United States or Canada, or any state, province or territory where neither the issuer nor its products are authorized or registered for distribution or sale and where no prospectus for the issuer has been filed with any securities regulatory authority. Full disclaimer: https://bit.ly/etcdisc

Notes for editors

About ETC Group (www.etc-group.com)
The ETC Group has been created to provide investors with the tools to access the investment opportunities of the digital assets and blockchain ecosystem. The company develops innovative digital asset-backed securities including ETC Group Physical Bitcoin (BTCE) and ETC Group Physical Ethereum (ZETH) which are listed on European exchanges including XETRA, Euronext, SIX, AQUIS UK and Wiener Börse.

With a track record of over three years, ETC Group comprises an exceptional team of financial services professionals and entrepreneurs with experience in both digital assets and regulated markets. With product quality and safety at the core of our approach to product creation, we aim to continuously launch best-in-class institutional exchange-traded products.

As a company, we have previously launched the world’s first centrally cleared Bitcoin exchange-traded product on Deutsche Börse XETRA, the largest ETF trading arena in Europe, and have also launched Europe’s first Metaverse ETF together with HANetf.

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Trade information

Product

Primary listing exchange

Primary ticker

AM IN

ETC Group MSCI Digital Assets
Select 20 ETP

Deutsche Börse XETRA

DA20

DE000A3G3ZL3

ETC Group Physical Bitcoin

Deutsche Börse XETRA

BTCE

DE000A27Z304

ETC Group Physical Ethereum

Deutsche Börse XETRA

ZETH

DE000A3GMKD

ETC Group Physical Litecoin

Deutsche Börse XETRA

ELTC

DE000A3GN5J9

ETC Group Physical Polkadot

Deutsche Börse XETRA

PLKA

DE000A3GVKX6

ETC Group Physical Cardano

Deutsche Börse XETRA

RDAN

DE000A3GVKY4

ETC Group Physical Solana

Deutsche Börse XETRA

ESOL

DE000A3GVKZ1

ETC group physical polygon

Deutsche Börse XETRA

MTCE

DE000A3GWNP

ETC Group Physical XRP

Deutsche Börse XETRA

GXRP

DE000A3GYNB0

The product list including all stock market listings and trading information is available at https://etc-group.com/products/.
Contact [email protected] for any product-related inquiries.

Media contact:

Sam Shelton
[email protected]

1 Excludes stablecoins such as USDT, USDC and others.

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