Bitcoin Macro ETP Revolutionizing Cryptocurrency Investments

CoinDesk reports:
With DDA (Deutsch Digital Assets) launching the Bitcoin Macro ETP on the Deutsche Börse, the cryptocurrency investment landscape has seen a significant impact.
This innovative ETP debuted on July 3, 2024, on the Xetra platform. As stated in the official announcement, the Bitcoin “started trading on the Deutsche Börse Xetra on July 3, 2024.” It offers a unique approach to Bitcoin exposure.
Also read: Bitcoin: How High Can Bitcoin Go in July 2024?
The Bitcoin Macro ETP (ISIN: DE000A3G9SE0; WKN: A3G9SE, Ticker: BMAC) adjusts exposure dynamically to Bitcoin. These actions are based on macroeconomic factors. DDA states, “The newly launched ETP provides investors with the world’s first Bitcoin ETP exposure that dynamically adjusts Bitcoin exposure based on macroeconomic factors.”
The standout feature of the Bitcoin Macro ETP is its systematic exposure to both Bitcoin and the US dollar. This optimizes long-term risk management.
Also read: Germany Bitcoin Clearing: $95 Million Bitcoin Sent to Exchanges
Bitcoin Macro ETP on Deutsche Börse: Revolutionizing Cryptocurrency Investment with Smart Beta Strategies


The security of the new Bitcoin Macro ETP is ensured through 100% collateralization. As explained by DDA, “The ETP is 100% collateralized by coins held in the institutional custody solution of Coinbase Custody International Limited.”
Key advantages provided by the Bitcoin Macro ETP include:
The use of Smart Beta strategies controls its volatility and withdrawal rates. German investors benefit from potential tax advantages, offering tax-free capital gains changes after a one-year holding period. It maintains a competitive total expense ratio of 2%. Cumulative income enhances coin rights.
Marc des Ligneris of DDA, responsible for quantitative strategies, explains the underlying principles behind these features:
“We aim to offer a range of Smart Beta strategies that enable exposure to cryptocurrencies while effectively managing long-term risks.”
Also read: Bitcoin ETF Inflows Reach $130 Million: Largest Investment Trend Shift
The launch of the Bitcoin Macro ETP indicates growing interest in cryptocurrency exchanges. With the market growth of Smart Beta Bitcoin strategies, similar products are expected to emerge soon.
This process could significantly impact the larger integration of cryptocurrencies with traditional finance.
Market risks and regulatory changes may lead to potential fluctuations for coins. Listing on the Deutsche Börse marks a mature step forward for cryptocurrency investments.