Alternative Investments/Digital Assets: FiCAS’ Active Crypto ETP Greenlighted For All Investors Across The European Union
Since its launch in Switzerland in July 2020, the ETP has returned nearly 60%.
FiCAS AG announced today that it has received the regulatory go-ahead to offer its 15 FiCAS Active Crypto ETP throughout the European Union to all investors. FiCAS, a Swiss-based crypto investment boutique, first launched the ETP in Switzerland in July 2020. Listed on the SIX Swiss Exchange, the actively managed ETP does not track bitcoin or any other crypto.
Instead, FiCAS actively manages its investments in 15 top cryptocurrencies to generate sustainable returns over a time horizon of 3 to 5 years. (DGAP.DE)
15 FiCAS Active Crypto ETP
The ETP provides investors with easy access to the 15 top cryptocurrencies through a fully regulated and secure vehicle.
Since its launch, the ETP’s assets under management have increased to over USD 5 million as of 6 January 2021.
Furthermore, it has generated a performance of nearly 60%.
The ETP is issued by Bitcoin Capital AG and is managed by FiCAS.
FiCAS’s discretionary investment strategy is based on fundamental and technical analysis, proprietary algorithms and quant signals, and experienced analysts.
EU passporting
After the EU-wide passporting, the ETP is now accessible to a far wider pool of investors beyond Switzerland.
Ali Mizani Oskui, FiCAS Founder, said, “Gaining access to the EU marketplace marks a significant breakthrough in our mission to make the world’s first actively managed – the 15 FiCAS Active Crypto ETP – available to retail and professional investors across Europe. Together with our partners, we are leading the charge in bringing about the adoption of crypto assets for all investors in Europe.”
The ETP is now available to both retail and professional investors in Switzerland and in the EU to purchase through any broker or financial institution with access to the Swiss exchanges.
Related Story: World’s First Actively Managed Bitcoin ETP Launches
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