Swiss-based crypto investment boutique FiCAS has launched a new actively managed ETP, offering professional investors diversified exposure to a selection of the most prominent digital assets.
The ETP provides broad, physically backed exposure to a basket of leading crypto assets.
The FiCAS Dynamic Crypto ETP (BTCD SW) has been listed on SIX Swiss Exchange in US dollars, euros, and Swiss francs.
The ETP’s primary investment objective revolves around achieving long-term capital appreciation and outperforming the CCi30 Index, a reference for the market cap-weighted performance of the 30 largest cryptocurrencies, excluding stablecoins.
To realize this objective, FiCAS builds a long-only portfolio, eschewing leverage, of leading crypto assets. Portfolio constituents are selected and weighted based upon multiple factors including crypto industry outlooks, on-chain and…