DDA Lists 'BTC Macro ETP' Tracking Macroeconomics

IconCryptoNewsTerminal Staff03 Jul, 2024

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DDA Lists 'BTC Macro ETP' Tracking Macroeconomics

Deutsche Digital Asset (DDA), a provider of crypto ETPs in Germany, announced that it has listed a "Bitcoin Macro ETP (BMAC·ticker: BMAC)." This ETP is designed to optimize Bitcoin exposure based on macroeconomic factors. DDA explained that the ETP optimizes BTC exposure and manages risk over the long term by using key macroeconomic factors. Investors can secure BTC upside while also mitigating risks from an unfavorable macroeconomic environment by utilizing this ETP, which will begin trading on Deutsche Boerse's Xetra.