Deutsche Börse welcomes Melanion Capital as new ETF issuer on Xetra
Deutsche Börse welcomes Melanion Capital as new ETF issuer on Xetra
Since Tuesday, Melanion Capital's first exchange-traded fund has been tradable on Xetra and Börse Frankfurt.
The Melanion Bitcoin Equities UCITS ETF offers investors access to a portfolio of up to 30 companies in the fields of cryptocurrencies and blockchain technology. The selected companies have a market capitalisation of more than $100 million and are listed on European or American markets. They are involved in crypto asset management, trading, crypto banking and services, crypto mining, and blockchain technology, or hold cryptocurrencies on their balance sheets.
The four largest holdings in the portfolio currently include MicroStrategy (10.5%), Cleanspark (6%), Marathon Digital Holdings (5.5%), and Coinbase Global (5.5%).
Name | Asset class | ISIN | Ongoing charges | Distribution policy |
Melanion Bitcoin Equities UCITS ETF | Equities ETF | 3.50 per cent | accumulating |
The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 2,416 ETFs, 200 ETCs and 257 ETNs. With this selection and an average monthly trading volume of around €23 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.