Swiss cryptocurrency investment management company FiCAS announced the successful launch of its Bitcoin Capital Active ETP product, which is now actively traded within Switzerland’s main stock exchange, the SIX Swiss Exchange.
Bitcoin Active Capital ETP (BTCA) It is the first marketed exchange product cryptocurrencies, which is successfully managed within the SIX Swiss ExchangeThis is an innovative product that can now be easily managed by retail and institutional investors through any bank or stockbroker.
The BTCA will be issued by Bitcoin Capital AGWhile FiCAS, which remains a pioneer in the management of cryptocurrency investment products, will be in charge of managing the new product. FiCAS founder, Ali Mizani Oskui, has extensive experience in the management and handling of cryptocurrencies, and also noted that the organization is prepared to guarantee the best returns for its clients and investors.
“Based on our in-depth analytical and trading expertise, the active management of our underlying assets allows us to anticipate and react to market movements through discretionary buying and selling of crypto assets to maintain risk-adjusted returns.”
Oskui also spoke about his extensive experience and track record in the crypto ecosystem since 2013, which he hopes to bring to global and institutional markets through his innovative new product.
“I have developed my expertise in cryptocurrency trading since 2013, with a strong track record of market performance. I look forward to bringing my trading experience to global and institutional markets with this pioneering product.”
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The world's first actively managed cryptocurrency ETP
BTCA represents the world’s first actively managed cryptocurrency ETP. Thanks to this, BTC can be traded against other carefully selected cryptocurrencies and digital assets such as ETH, as well as going out to fiat based on market returns. This is the strategy that FiCAS will use to guarantee high and exceptional returns to its investors; an investment strategy that is supported by the company’s proprietary algorithms, quantitative signals, technical analysis and the extensive trading experience of the entire FiCAS team.
This new type of alternative assets represents a great opportunity for investors to take advantage of the flourishing and lucrative crypto market and direct investment in an easy and secure way. Furthermore, this product, by complying with all established regulations, provides a high level of confidence and security to investors, who can buy the Bitcoin Capital Active ETP in a similar way to buying shares on the secondary market. On the other hand, BTCA is issued to the market with a value of 100 Swiss francs, which is equivalent to about 93 euros.
ETP, a safe investment vehicle
On Exchange Traded Product, also known as ETP – Exchange Traded Product, are one of the most popular and well-known investment vehicles in the world of finance, since they imitate other investment instruments in order to guarantee the performance of these, as well as that of their related assets.
The goal of ETPs is simply to mimic other financial instruments to achieve the same performance and thus achieve similar results in the market. A crypto ETP or cryptocurrency ETP, on the other hand, will always be backed by the digital assets it tracks and mimics. In the words of FiCAS Board Chairman Dr. Mattia Rattaggi, ETPs are:
“A discretionary managed ETP is a much more appropriate new instrument in the context of the still nascent cryptocurrency market and further bridges the worlds of traditional and crypto finance.”
For Dr Rattaggi, the current market scenario, with its historically low interest rates, is the perfect time for investors to begin diversifying their assets with innovative, alternative and modern products such as BTCA.
“With this in mind, the pioneering launch of FiCAS ETPs, an industry-first achievement, is the ideal opportunity to achieve superior returns while expanding asset diversification.”
Finally, Rattaggi noted that the cryptocurrencies chosen and authorized for trading are cryptocurrencies that possess their own blockchain, as well as high market capitalization and liquidity, and that privacy-focused cryptocurrencies such as Monero.
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