DWS, the asset manager, introduced a new Xtrackers Exchange-Traded Commodities (ETC) following a partnership with Galaxy Digital Holdings Ltd. This joint effort provides German investors with a simple way to obtain Bitcoin exposure. Deutsche Börse listed the Xtrackers Galaxy Physical Bitcoin ETC. It gives the investors direct access to the Bitcoin market while ensuring the security and transparency of exchange-traded products.
Manfred Bauer, the Global Head of Product Division of DWS, stressed the development of digital assets as a key asset class. With its creation in 2009, Bitcoin has risen from a mere technological innovation to a worldwide industry. By now, Bitcoin and Ethereum alone have a market cap of over USD 1.7 trillion. Bauer points out that these changes make digital assets necessary for investors and asset managers alike.
DWS and Galaxy Digital Partner for Bitcoin ETC
DWS has smartly aligned with Galaxy Digital Holdings to promote the adoption of Bitcoin in Europe. This c
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