DWS, a prominent asset manager with over $900 billion in assets under management, has launched new Xtrackers Exchange-Traded Commodities (ETC) in collaboration with Galaxy Digital Holdings Ltd., offering investors convenient access to bitcoin exposure in Germany.
JUST IN: $932 Billion asset manager DWS launches physical #Bitcoin ETC in Germany 🇩🇪 pic.twitter.com/e6RvMLidHY
— Bitcoin Magazine (@BitcoinMagazine) April 4, 2024
“Since the first Bitcoin transaction in 2009, digital assets have developed from a niche technology innovation to a globally recognized asset class,” said Manfred Bauer, Global Head of DWS’ Product Division and Member of the Executive Board at DWS Group. “With a combined market capitalization of more than USD 1.7 trillion, bitcoin and ethereum alone are now too significant for investors and asset managers to ignore.”
The Xtrackers Galaxy Physical Bitcoin ETC is now listed on Deutsche Börse, allowing investors to participate directly in the
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