Deutsche Digital Assets Lists DDA Crypto Select 10 ETP (SLCT) on Deutsche Börse Xetra

• DDA Crypto Select 10 ETP (ISIN: DE000A3G3ZD0; WKN: A3G3ZD, Ticker: SLCT) is now listed and starts trading on Deutsche Börse Xetra on June 27, 2023
• DDA Crypto Select 10 ETP tracks the MarketVector Digital Assets Max 10 VWAP Close Index (“MVDAMV”)
• With the newly launched ETP, investors can gain exposure to a basket of top 10 crypto assets in a cost-effective way
• The ETP is 100% collateralized by coins held in an institutional-grade custody solution with Aplo SAS

FRANKFURT, Germany, June 27, 2023 (GLOBE NEWSWIRE) -- DDA Crypto Select 10 ETP (ISIN: DE000A3G3ZD0; WKN: A3G3ZD, Ticker: SLCT) is now listed and starts trading on Deutsche Börse’s Xetra on June 27, 2023. The exchange traded product (ETP) becomes a cost-effective way for investors to gain exposure to the top 10 largest crypto assets by market capitalization on Xetra with a total expense ratio of 1.69%.

The DDA Crypto Select 10 ETP is 100% physically backed by a basket of cryptocurrencies composing the MarketVector Digital Assets Max 10 VWAP Close Index (“MVDAMV”) and is held in an institutional-grade custody solution with with Aplo SAS.

The ETP offers investors the opportunity to achieve portfolio diversification with a single investment, which is a significant advantage for those seeking to balance their portfolio risk or gain exposure to a variety of crypto assets.

"We are excited to announce the listing of DDA Crypto Select 10 ETP, our first multi-asset crypto ETP, which represents a major step forward in our product offerings and unlocks new opportunities for our valued investors," said Dominik Poiger, CFA, Chief Product Officer of DDA. "The DDA Crypto Select 10 ETP was designed with institutional and individual investor interests in mind and allows them to gain exposure to a variety of crypto assets."

“We are proud to partner with Deutsche Digital Assets to support the launch of their innovative Crypto Select 10 ETP,” said Steven Schoenfeld, CEO of MarketVector. “We are confident that MarketVector’s experience with both multi-asset crypto benchmarks and optimizing investability and liquidity will benefit investors of this new ETP.”

"We're thrilled to see our MarketVector Digital Assets Max 10 VWAP Close Index underpin the new DDA Crypto Select 10 ETP,” Martin Leinweber, CFA, Digital Asset Product Strategist of MarketVector. “This index provides a balanced and diversified selection of the top 10 cryptocurrencies, providing a robust basis for this innovative ETP. It marks another step in our commitment to delivering effective and dynamic indexes in the evolving digital asset market. We look forward to continued collaboration with DDA and to further advancing the digital asset ecosystem together.”