LISTED
EUR
sECONDARY MARKET
OPEN END

FiCAS Selected Crypto Assets ETI

The investment objective of the ETI is to achieve long-term capital growth by investing in selected crypto assets. Through dynamic management, FiCAS actively shifts into carefully chosen assets or even moves into fiat money to protect the product from market downside risks and mitigate significant volatility in value.
Cumulative Return
___.__%
Return since 1 month
__.__%
Return YTD
__.__%
Performance
Risk Metrics
FICAS ETI
standard deviation
__%
maximum drawdown
__%
CCI30
CCI30 is rules-based index that tracks the 30 largest crypto assets to measure the blockchain sector's growth and movement.
standard deviation
__%
maximum drawdown
__%
Historical Monthly Performance
YearJanFebMarAprMayJunJulAugSepOctNovDecYTD
2022         0.00-0.45-1.472.71-8.53-9.93-16.99
202325.861.669.26-3.08-1.895.53-3.69-10.424.9014.468.1122.5692.56
20246.0828.8110.63-28.699.27-11.73-6.39-17.2312.68-1.1766.16-10.5533.87
2025-3.30-26.69-0.366.146.71-6.5328.19-4.04
Objective
The objective of the selected ETI is to outperform the CCi30 Index by selecting the correct assets out of a big available universe.
FiCAS Selected Crypto Assets ETI allows investors in Europe to profit from the growing cryptocurrency market. Investors can benefit from several proven crypto assets and their development by purchasing FiCAS Selected Crypto Assets ETI, while our trading experts keep a close eye on development through active management to minimize downside risks.
LISTING
Börse Stuttgart
MANAGEMENT FEE
2%
NAV — JULY 31, 2025  
EUR 2,053.54
ASSET MANAGER
FiCAS AG
ISSUER
iMAPS ETI AG
ISSUE DATE
08.06.2022
ISSUE PRICE
EUR 1,000.00
BASE CURRENCY
EUR

Basket Allocation

As a qualified investor in Europe or retail investor in Switzerland, Germany or Austria, you can invest in the ETI using the ISIN through your broker or bank.
ISIN
DE000A3GZET8
WKN
A3GZET
FiCAS Expert  Team Market Commentary
Market Review
July extended the bull market’s advance. Bitcoin set a new all-time high at $123,000 and closed the month at $115,000.
Ethereum rallied 48 percent, its strongest monthly gain since July 2022, narrowing the performance gap with Bitcoin. Risk appetite broadened down the market cap spectrum as meme tokens rebounded, with PENGU and BONK among the notable movers in the top-100 crypto assets by market cap.
Stablecoin dynamics added depth to liquidity. Ethena’s ENA outperformed as its synthetic stablecoin USDe expanded by 75 percent to more than 9.5 billion in supply, becoming the third-largest stablecoin. Balance-sheet adoption also accelerated. Public companies continued to add Bitcoin and Ethereum to treasuries, with Bitcoin treasury holders acquiring a record 159,107 BTC in the second quarter. Together, these trends point to a market supported by improving on-chain liquidity, widening participation, and sustained institutional demand.

At its July meeting, the Fed held rates steady, as widely expected, but signalled it would keep policy restrictive until inflation makes more convincing progress.
Outlook
The next Fed decision arrives in September. Between now and then, jobs data and inflation prints will guide a Fed that is intent on protecting its dual mandate. Our base case is for policy to stay restrictive near term, with the door open to modest cuts later in Q4 if disinflation resumes. A pivot to easier policy would be a meaningful tailwind for altcoins and could extend the year-end rally, but the timing remains data dependent.
For the coming months, we see three catalysts shaping price action in higher-beta tokens: potential approval of additional single-name spot ETFs by the SEC; a high likelihood that staking is incorporated into ETF structures once rules are clarified; and a gradual rotation of institutional capital beyond Bitcoin and Ether as compliance rails mature. Stablecoin balances continue to build, providing dry powder for risk when conditions improve.

The race to institutionalize crypto is accelerating. Major financial firms are piloting blockchain rails for money market funds, and post-GENIUS Act we expect large corporates and banks to revive stablecoin initiatives. Several big technology and banking names are already exploring issuance and settlement use cases. Together, these developments point to deeper market infrastructure and broader participation into year-end, while policy, liquidity, and headline risks warrant disciplined positioning.

Other Information

Factsheet
Structure
Exchange Traded Instrument (ETI)
Minimum Subscription
1 unit
Management Fee
2%
Performance Fee
20%
High Watermark
Yes; 2,404.03 EUR
Administrator
iMaps ETI AG
Liquidity
Daily
Domicile
Liechtenstein
Executing Broker
Coinbase, Kraken, Crypto Finance, Baader Bank
Custodian
Coinbase, Kraken, Crypto Finance, Baader Bank
Stock Exchange
Stuttgart Exchange
Calculation Agent
iMaps ETI AG
Financial Market Authority
FMA Liechtenstein
Paying Agent
Baader Bank
Market Maker
Baader Bank
Authorized Participant
iMaps ETI AG

How it works

No matter if you are familiar with crypto or not, you can successfully and safely start investing in crypto in a few easy steps

Enter ISIN number

Search for a specific FiCAS ETI or ETP by using its ISIN, ticker symbol or name on your bank or broker platform.

Step 1

Order details

Select the number of ETP shares you wish to purchase and specify the order type (market order, limit order, stop loss, etc.)

Step 2

Review and confirm

Review your order to ensure accuracy and confirm the trade.

Step 3

Track your asset performance

After the ETI or ETP order is executed, you can track the investment's performance through your bank or brokerage account.

Step 4
You invest, we care

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