Deutsche Digital Assets, a European specialist in innovative digital asset investment solutions, has waived the management fee for its flagship smart beta DDA Bitcoin Macro ETP from 2.00% to 0% until at least 30 September 2025.
The fee waiver will be effective for a limited period of six months starting from 01 March 2025, providing investors with the benefit of gaining exposure to the only smart beta Bitcoin ETP in the market without incurring management fees.
The DDA Bitcoin Macro ETP goes beyond static Bitcoin exposure. The product shifts dynamically between Bitcoin and US Dollar (via the stablecoin USDC) based on key macroeconomic factors, aiming to reduce drawdowns during major economic downtrends.
Historically, the index tracked by the ETP has shown lower volatility and an improved Sharpe ratio when compared to a pure Bitcoin exposure. Additionally, any further income generated by the underlying is accumulated to the ETP to increase the coin entitlement.
The DDA Bitcoin Macro ETP is 100% physically backed by the underlying assets, composing the Compass FT DDA Bitcoin Macro Allocation Index and is held in an institutional-grade custody solution with Coinbase Custody International ensuring the highest standards of investor trust.
Dominik Poiger, Head of Product Management at Deutsche Digital Assets, said:
“The DDA Bitcoin Macro ETP is a truly unique product that allows investors to gain dynamic exposure to the price of bitcoin while trying to reduce drawdowns. We strongly believe that BMAC is a superior product that should be made available to investors as easily as possible. The fee waiver emphasizes our commitment to put the investor first.”
