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ETC Group Launches MSCI Index Based Cryptocurrency ETP Listing XETRA

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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 B

ETC Group Launches MSCI Index Based Cryptocurrency ETP Listing 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

I. Introduction
A. Explanation of ETC Group MSCI Digital Assets Select 20 ETP
B. Listing on Deutsche Bahn XETRA
C. Trading in US dollars and euros
II. Top 20 Investable Digital Assets
A. Explanation
B. Bitcoin
C. Ethereum
D. XRP
III. Management and Calculation of the Index
A. Role of MSCI
B. Quarterly Rebalancing
C. Maximum Weight of a Single Component
IV. Advantages of Trading ETC Group MSCI Digital Assets Select 20 ETP
A. Diversification
B. Exposure to top digital assets
C. Professional management
V. Risks Associated with ETC Group MSCI Digital Assets Select 20 ETP
A. Volatility
B. Market Risk
C. Regulation
VI. Conclusion
A. Summary of key points
B. Future outlook
FAQs:
1. What is ETC Group MSCI Digital Assets Select 20 ETP?
2. How often is the index rebalanced?
3. What are the risks associated with trading this product?
# 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, a cryptocurrency investment firm, announced on April 24th, 2021 that their MSCI Index-based cryptocurrency exchange trading product, ETC Group MSCI Digital Assets Select 20 ETP, has been listed on the Deutsche Bahn XETRA exchange. This novel investment product allows investors to track the top 20 investable cryptocurrencies, which allows them to capitalize on the current cryptocurrency boom. The three largest positions in the index are Bitcoin, Ethereum, and XRP, which make up 30% of the index.
MSCI, or Morgan Stanley Capital International, manages and calculates the index. The company is known as one of the world’s leading providers of financial intelligence and has decades of experience in investing. ETC Group’s MSCI Digital Assets Select 20 ETP is rebalanced quarterly, meaning that changes in the top 20 digital assets are addressed at least once a quarter. The maximum weight of a single component when rebalancing is 30%.
One of the primary advantages of trading ETC Group MSCI Digital Assets Select 20 ETP is diversification. By investing in this product, traders have exposure to the top 20 digital assets, which mitigates the risk of relying on a single cryptocurrency. Additionally, just like a traditional investment fund, the product is professionally managed, which saves time and effort. Finally, the index will provide exposure to new and promising assets, such as Chainlink, Polkadot, and Uniswap.
However, investing in ETC Group MSCI Digital Assets Select 20 ETP is not without risk. Cryptocurrencies are notoriously volatile, and traders should always keep in mind the market risks when investing in this product. Furthermore, cryptocurrency is often subject to strict regulatory scrutiny by governments in various countries, which could result in its restriction or complete prohibition.
In conclusion, ETC Group MSCI Digital Assets Select 20 ETP provides traders an excellent opportunity to invest in the top 20 digital assets. Investors can benefit from professional management and diversification, among other advantages. However, traders should bear in mind that investing in the cryptocurrency industry has its risks. Proper evaluation of the risks and benefits of this product is critical for any trader.
FAQs:
1. What is ETC Group MSCI Digital Assets Select 20 ETP?
ETC Group MSCI Digital Assets Select 20 ETP is an investment product that allows traders to invest in the top 20 digital assets, such as Bitcoin, Ethereum, XRP, etc.
2. How often is the index rebalanced?
The index is rebalanced quarterly to address changes in the top 20 digital assets.
3. What are the risks associated with trading this product?
Cryptocurrencies are notorious for being volatile, and traders must be aware of market risks when trading this product. Additionally, government regulatory action could restrict or prohibit the use of cryptocurrency, which can create an unexpected inopportunity.

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