PortfolioMetrics

XBTI

- DDA Physical Bitcoin ETP

Key Information

Earliest date2021-04-26
ExchangeXETR
Instrument TypeCommon Stock
MIC CodeXETR
CountryGermany

About XBTI

DDA Physical Bitcoin ETP is a type of exchange-traded product that offers exposure to Bitcoin, the pioneering cryptocurrency commonly referred to as digital gold. As a physically-backed ETP, it is designed to provide investors with a simple and efficient way to gain direct exposure to the price performance of Bitcoin without the need to directly purchase or store the cryptocurrency. This product is securely backed by Bitcoins, which are stored in institutional-level custody solutions, ensuring transparency and reducing counterparty risks associated with trading cryptocurrencies directly. DDA Physical Bitcoin ETP primarily targets investors who are interested in diversifying their portfolios with digital assets, while seeking the regulatory oversight and operational simplicity of traditional securities. It operates on established stock exchanges, allowing investors to trade it much like a regular stock or bond, and is significant for bridging the gap between traditional finance and the rapidly evolving digital economy. This ETP caters to both institutional and retail investors, providing them with a regulated and accessible path into the cryptocurrency market.

XBTI - Asset Detail · PortfolioMetrics