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Web3 Digital Assets Innovation ETI

The Web3 Digital Asset Innovations ETI aims to provide investors with diversified exposure to liquid crypto assets powering the next evolution of the Internet, called Web3. The objective of the ETI is to capture the growth potential of this asset class while actively managing the portfolio in order to reduce the high market volatility.
Cumulative Return
___.__%
Return since 1 month
__.__%
Return YTD
__.__%
In cooperation with:
Performance
Risk Metrics
WEB3 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
2024n/a 12.511.55-21.87-6.88-8.38 -3.03 -10.25 1.81-3.91  40.16 -2.63-0.88
2025-8.30-12.90-3.20-0.10-21.40
Investment Methodology
& Strategy
Fundamental Research:
On technology, token economics, product-market fit, protocol traction, team, etc., determine what Web3 & DeFi assets are selected for the ETI. The selected assets are then continuously monitored on a fundamental basis.
Active Management:
The timing of the exposure changes to the selected assets is determined based on a combination of quantitative price
momentum strategies and on-chain data analytics. Depending on the market phase (risk-on/risk-off), the portfolio allocation may differ considerably to reduce downside volatility. In risk-off markets, the portfolio will predominantly be in cash and/or Bitcoin, while in risk-on
market phases, the portfolio will be overweight in the selected Web3 assets.
LISTING
Börse Stuttgart
MANAGEMENT FEE
2,25%
NAV - April 30, 2025
EUR 779.51
ASSET MANAGER
FiCAS AG
ISSUER
iMAPS ETI AG
ISSUE DATE
04.02.2024
ISSUE PRICE
EUR 1,000.00
BASE CURRENCY
EUR

Basket Allocation

As a qualified investor in Europe or an individual investor in Switzerland, Germany, or Austria, you can invest in the Web3 Digital Asset Innovations ETI using the ISIN through your broker or bank.
ISIN
DE000A3G6MG4
WKN
A3G6MG
FiCAS Expert  Team Market Commentary
Market Review
May marked Bitcoin’s strongest monthly performance of the year, gaining 14% and reaffirming its resilience amid global macroeconomic headwinds.
The asset dipped as low as $74,000, a level last seen in November 2024, amid escalating trade tensions and tariff-related uncertainties. However, sentiment quickly reversed as investors sought refuge from volatility in traditional markets, pushing Bitcoin to close the month at $94,000. In contrast, Ethereum recorded its fifth consecutive month of negative returns, underlining its relative underperformance and ongoing structural challenges.
Bitcoin’s behavior diverged meaningfully from U.S. equity indices, showing signs of decoupling and reduced correlation, a dynamic increasingly observed as institutional narratives shift toward Bitcoin as a macro-hedge. Institutional flows reflect this transition, with global crypto investment products attracting $3.4 billion in net inflows for the month. Notably, Sui’s ecosystem outperformed the broader altcoin market, driven by increased developer activity and user adoption. Meanwhile, Grayscale renewed its push for Ethereum staking ETF approval, as the SEC deliberates on frameworks for staking-based products, and Morgan Stanley confirmed plans to offer crypto trading via E*Trade, marking another step in Wall Street’s progressive integration of digital assets.
Outlook
All eyes turn to the May 7 FOMC meeting, where markets await clearer signals on U.S. monetary policy. While no rate change is expected, forward guidance may prove pivotal for risk sentiment across asset classes. For Ethereum, attention centers around the PECTRA upgrade, with key scalability and privacy improvements under discussion. Vitalik Buterin’s proposals, including a potential migration from EVM to RISC-V architecture, suggest Ethereum is entering a decisive phase in its roadmap toward greater efficiency and throughput.
Regulatory clarity is also gaining momentum. With Mark Uyeda formally assuming his role as SEC Chair, the tone in Washington appears to be shifting. Uyeda has proposed recognizing state-chartered trusts as qualified custodians for crypto, a move that could significantly broaden access for investment advisers. Stablecoin legislation is also expected to take shape in the coming weeks, while additional spot ETF applications for altcoins may gain traction under the new SEC leadership.

Other Information

Factsheet
Structure
Exchange Traded Instrument (ETI)
Minimum Subscription
1 unit
Management Fee
2.25%
Performance Fee
20%
High Watermark
Yes; 1,262.46 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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