Deutsche Digital Assets (DDA), a German crypto and digital asset firm, has introduced the Bitcoin Macro exchange-traded product (ETP) on the Deutsche Börse Xetra platform. Trading under the ticker symbol “BMAC” with a total expense ratio of 2.00%, this innovative product adjusts its Bitcoin exposure based on macroeconomic factors, providing systematic exposure to BTC and USDC.

The DDA Bitcoin Macro ETP is backed by a basket of crypto held in institutional-grade custody with Coinbase Custody. According to Marc des Ligneris, head of quantitative strategies at DDA, the product is designed to manage risk more efficiently by reducing exposure during negative macroeconomic conditions, making it a compelling option for both retail and institutional investors wary of crypto volatility.

Global interest in crypto ETPs and ETFs is surging, with $2.2 billion inflows reported in May alone, bringing year-to-date net inflows to $44.50 billion. The rise in listed products highlights the growing demand and confidence in crypto investment solutions, further evidenced by the SEC’s approval of several spot Bitcoin ETFs in the U.S., which has fueled a trading boom.