nxtAssets Bitcoin Direct ETP

The nxtAssets Bitcoin Direct ETP is a physically backed exchange-traded product designed to provide investors with a straightforward, secure avenue to access the performance of Bitcoin. This ETP is fully collateralized, meaning each share is directly backed by Bitcoin held in secure cold storage with a regulated custodian in Germany, ensuring both transparency and robust safekeeping. Issued under German law within a regulated framework and supervised by BaFin, the nxtAssets Bitcoin Direct ETP integrates the flexibility of traditional securities with the innovative features of digital assets. It is denominated in euros, has a total expense ratio of 1.00% per annum, and does not engage in lending activities. The product is structured to closely track the value of Bitcoin, enabling efficient portfolio diversification for investors seeking exposure to cryptocurrencies within a regulated capital market environment. Launched in December 2024 by nxtAssets GmbH, a company dedicated to regulated digital asset products, this ETP offers investors access to the leading cryptocurrency through the familiar infrastructure of the European securities market.