Introduction
Diversification in the broad cryptocurrency market is simple with this Exchange-Traded Product (ETP). It can be purchased just like a stock or ETF through your standard securities account with your online broker or bank.
👉 Discover how easy crypto investing can be
Product Overview
The German-issued ETP tracks the MSCI Global Digital Assets Select 20 Index, which follows the performance of the top 20 cryptocurrencies representing approximately 85% of the entire cryptocurrency market. Dubious cryptocurrencies are excluded from the index.
All crypto ETPs from ETC Group are:
- Fully collateralized by cryptocurrencies
- Protected from issuer default risk
- Professionally safeguarded by regulated custodians
- Monitored by a specially appointed trustee
Key Benefits Compared to Direct Cryptocurrency Investment
- Regulated financial product
- Broad cryptocurrency market diversification
- Automatic portfolio adjustments through regular rebalancing
- No separate app required
- Traded on regulated exchanges like stocks or ETFs
- German ISIN
- No crypto wallet needed
- Transparent trading fees
- Minimized access risks through regulated trading and cold-storage custody
- Transferable to other securities accounts
Index Performance
The MSCI Digital Assets Select Top 20 Capped Index tracks the top 20 investable cryptocurrencies. The index is managed and calculated by MSCI, one of the world's largest index providers.
Index Composition
Top 10 Components (as of 07-02-2025 update)
| Rank | Cryptocurrency | Weight (%) |
|---|---|---|
| 1 | Bitcoin | 30% |
| 2 | Ethereum | 25% |
| ... | ... | ... |
Key Index Features
Quarterly Rebalancing
Automatic adjustments every quarter to capitalize on market opportunities and minimize risks.
High Quality Standards
Exclusion of:
- Meme coins (e.g., Shiba Inu)
- Privacy coins (e.g., Monero)
- Centralized coins (e.g., Binance BNB)
Broad Diversification
The index portfolio covers approximately 85% of the cryptocurrency market capitalization.
Capping Mechanism
Largest positions are capped at 30% individual weight to prevent excessive concentration (e.g., Bitcoin limited to 30%).
How to Buy the ETP
Invest through your existing securities account or choose from numerous stock brokers. No cryptocurrency wallet or technical knowledge required.
Popular Providers
- Open an online securities account
- Access the order form
- Set the amount
- Enter order details using the product's ISIN
- Select trading platform (available at minimum on Xetra)
- Place the order
👉 Learn about simple crypto investing strategies
What If the Product Isn't Available?
Contact your online trading platform or bank account manager to request access. Always include ISINs in your request.
FAQ Section
What is a crypto basket?
A crypto basket consists of multiple cryptocurrencies managed as a single asset through a German-issued, regulated ETP security, providing diversified exposure compared to single-asset investments like Bitcoin.
Why invest through an index?
The index provides:
- Passive exposure to ~85% of crypto market cap
- Automatic quarterly rebalancing
- Systematic identification of appropriate cryptocurrencies
- 30% position capping for better diversification
How does the ETP work?
The ETC Group MSCI Digital Assets Select 20 ETP (DA20):
- Is a German-issued, physically-backed security
- Replicates the MSCI Global Digital Assets Select Top 20 Capped Index
- Trades like stocks/ETFs with German ISIN
- Requires only a standard securities account
What cryptocurrencies are included?
The index includes the top 20 cryptocurrencies by market cap, excluding:
- Stablecoins (e.g., USD Coin)
- Exchange tokens (e.g., Binance BNB)
- Meme coins (e.g., Dogecoin)
Where can I trade it?
Available on:
- XETRA (Europe's largest ETF exchange)
- BX Swiss
- Euronext Paris
- Other European regulated exchanges
Is it available in savings plans?
Yes, through providers like Scalable Capital. Contact your broker or bank for availability.
Why isn't this an ETF?
Due to European regulations (OAGW/UCITS), this product must be structured as an ETP rather than an ETF, though it includes similar investor protections.
Who calculates the index?
MSCI, one of the world's largest index providers and a regulated EU index provider (BMR).
How often is rebalancing performed?
Quarterly (March 1, June 1, September 1, December 1 each year).
What's the minimum investment?
At least 1 ETP share, traded like a stock or ETF through your securities account.
Risk Disclosure
- Cryptocurrencies and related products are highly volatile
- You may lose part or all of your investment
- Risks include market, price, currency, liquidity, operational, legal, and regulatory risks
- ETPs don't offer fixed income nor exactly match underlying crypto performance
- Suitable only for experienced investors