Crypto Asset Manager DDA Launches DDA Crypto Select 10 ETP

On May 22, German encryption and digital asset management company Deutsche Digital Assets (DDA) announced the launch of DDA Crypto Select 10 ETP. The ETP provides exposure to the 10 largest crypto assets by market cap and will be listed on Deutsche Börse Xetra in the coming weeks. The DDA Crypto Select 10 ETP is 100% physically backed by a basket of cryptocurrencies comprising the MarketVector™ Digital Assets Max 10 VWAP Close Index (“MVDAMV”) and held by SheeldMarket SAS, a provider of institutional grade custody solutions. It is reported that DDA Crypto Select 10 ETP provides lending and pledge rewards, with a total fee rate of 1.69%.