EQS Group-News: FiCAS AG
/ Key word(s): Market launch/Cryptocurrency / Blockchain
Press Release: FiCAS Pioneers the World’s First Actively Managed Cryptocurrency Exchange Traded Product (ETP)
FiCAS Pioneers the World’s First Actively Managed
Cryptocurrency Exchange Traded Product (ETP)
? Bitcoin Capital Active ETP (BTCA) can now be bought by retail and institutional investors through your bank or broker as easily as buying shares
? FiCAS pioneers a discretionary portfolio management of cryptocurrencies, using enhanced risk management, proprietary quantitative models, technical analysis and fundamental research
? FiCAS offers access to a unique trading strategy, which outperformed Bitcoin by over 100% during 2015-18 and returned more than 90x in USD-equivalent
Zug/Switzerland, 28 July 2020 – FiCAS AG, a Swiss-based crypto investment management boutique, has successfully registered the Bitcoin Capital Active ETP (BTCA; ISIN CH0548689600) – the world’s first actively managed crypto exchange-traded product, listed at SIX. The discretionary ETP, issued by Bitcoin Capital AG, will be managed by FiCAS AG, which trades the top 15 cryptocurrencies and aims to deliver enhanced returns for clients. The Bitcoin Capital Active ETP is issued at CHF 100.
FiCAS has received full regulatory approvals in Switzerland for the listing of the Bitcoin Capital Active ETP, which provides the green light for retail and institutional investors to tap the burgeoning asset class in a simple and secure way.
Ali Mizani Oskui, founder of FiCAS, said, “Devising the world’s first actively managed Crypto ETP marks an important milestone in our effort to deliver enhanced market returns for our clients over time. Based on our in-depth trading and analytical experience, actively managing our underlyings allows us to preempt and react to market movements through the discretionary buying and selling of crypto assets to steer risk-adjusted returns. Personally, I have built my expertise in crypto trading since 2013, with a strong track record in outperforming the market. I look forward to bringing my trading experience to global and institutional markets with this pioneering product.”
Easy to trade through any bank or broker
Investors can purchase the Bitcoin Capital Active ETP similarly to buying shares on the secondary market, through any broker or financial adviser at a bank with access to the Swiss Stock Exchange.
Technical and analytical investment strategy
The main investment objective of FiCAS is to increase the net asset value of the Bitcoin Capital Active ETP through actively trading bitcoin against carefully selected altcoins and exiting to fiat whenever necessary based on crypto market performance. The investment strategy behind FICAS uses technical and fundamental analysis, proprietary algorithms and quant signals, and the trading experience of the team with the aim to generate exceptional returns.
Proven track-record of underlying trading strategy