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Des produits tels que BTCetc - ETC Group Physical Bitcoin ("BTCE") sont des Exchange Traded Commodities ("ETC"), instruments financiers considérés comme des titres de créances complexes par l'Autorité des Marchés Financiers présentant des risques difficilement compréhensibles par le grand public. A ce titre, leur distribution en France répond à des règles spécifiques. Il relève de la responsabilité des intermédiaires et investisseurs professionnels souhaitant offrir des ETCs à leurs clients de s'assurer que leur distribution auxdits clients est réalisée dans le respect de la réglementation française.

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Cardano logo RDAN

ADAetc – ETC Group Physical Cardano

100% physically backed, this ETC gives you seamless exposure to Cardano's native platform token Ada. Cardano is a blockchain built on a proof-of-stake consensus protocol that validates transactions without high energy costs.

Ticker
ISIN

Performance

Since Inception
%
Data based on daily NAV. For informational purposes only. Past performance is not an indicator for future performance. Your capital is at risk.

Advantages of RDAN

Simple trading, with no digital wallet required

Buy and sell like any stock or ETF through your regular broker or bank. No new account needed, just enter the ticker or ISIN on your trading platform.

Institutional-grade asset custody

The Ada is kept in cold-storage at a regulated custodian, and all assets are secured by an independent trustee, thus eliminating issuer default risk.

100% backed & physical redemption

You are legally entitled to the underlying Ada and you can redeem the ETC for the сryptocurrency, alternatively to selling on exchange.

Regulated and listed on major exchanges

Issued in Germany under German regulatory oversight, the ETC’s primary listing is on XETRA, the largest ETF exchange in Europe.

Product

Overview

Ticker RDAN
ISIN DE000A3GVKY4
WKN A3GVKY
TER 1,95 %
Asset Class Digital Assets/Cryptocurrency
Underlying Exposure Cardano (ADA)

Composition

0 logo Cardano 100%

Holdings

Total holdings
in cold-storage custody
Name Cardano
Symbol ADA
Shares outstanding 103,800
Cryptocurrency Entitlement (per unit) 4.95408282
AuM Amount 514,233.797
AuM market value (USD) 270,700
% of net assets 100.00

Performance

Period 1 month 3 month 1 year 2 years
Low
High
Performance
Data based on EUR prices on Deutsche Börse XETRA

NAV

The net asset value (NAV) of an ETC represents
the net $ value per underlying cryptocurrency
Ticker RDAN
Base currency USD
NAV (USD) 2.61
NAV daily change -0.29%  /  $ -0.01
NAV YTD change -60.34%
NAV since inception -39.40%

Valuing Cardano

research
cardano
Visit Blog

Update: German tax treatment of Crypto ETCs

ETC Group investment products are tax-free in Germany after a one-year holding period

E&Y: ETC – Crypto without the cryptic?

How investors gain digital asset exposure while trading on traditional stock exchanges.

Trading information

Exchange
Ticker BBG
RIC
SEDOL
ISIN
Valoren
WKN
Currency
Listing Date
RDAM GR
Ticker
Listing date:
RIC RDAM.DE
SEDOL BN6KDD8
ISIN DE000A3GVKY4
Valoren -
WKN A3GVKY
USD
15.12.2021
RDAN GR
Ticker
Listing date:
RIC RDAN.DE
SEDOL BN473R5
ISIN DE000A3GVKY4
Valoren -
WKN A3GVKY
EUR
15.12.2021
RDAN SW
Ticker
Listing date:
RIC RDANUSD.S
SEDOL BL6CDV8
ISIN DE000A3GVKY4
Valoren 115256508
WKN A3GVKY
USD
19.01.2022
RDANGBP SW
Ticker
Listing date:
RIC RDANCHF.S
SEDOL BL6CF56
ISIN DE000A3GVKY4
Valoren 115256508
WKN A3GVKY
GBP
19.01.2022
RDANCHF SW
Ticker
Listing date:
RIC RDANGBP.S
SEDOL BL6CF90
ISIN DE000A3GVKY4
Valoren 115256508
WKN A3GVKY
CHF
19.01.2022

Registered for sale

cz flag Česká Republika dk flag Danmark de flag Deutschland es flag España fr flag France ie flag Ireland it flag Italia lu flag Luxembourg mt flag Malta nl flag Nederland no flag Norge at flag Österreich pl flag Polska ch flag Schweiz fi flag Suomi se flag Sverige

Liquidity

Market Makers /
Authorised Participants (APs)
detailed info
Flow Traders B.V. (Headquarters)
Jane Street Financial Limited
Shares outstanding
DRW Europe B.V.
Goldenberg Hehmeyer LLP
Bluefin Europe LLP
XTX Markets SAS
Virtu Financial Ireland Limited
AP Capital Management
(Hong Kong) Limited

Product Details

Overview

Ticker RDAN
ISIN DE000A3GVKY4
WKN A3GVKY
TER 1,95 %
Asset Class Digital Assets/Cryptocurrency
Underlying Exposure Cardano (ADA)

Key Service Providers

Issuer ETC Issuance GmbH
Custodian BitGo Trust Company
Security Trustee Apex Corporate Trustees (UK) Limited
Administrator Apex Corporate & Advisory Services Ltd
Registrar Clearstream Banking AG

ETC Structure

Domicile Germany
Primary Listing Deutsche Börse XETRA
Issue Date 29.11.2021
Inception Date 09.12.2021
Legal Form Debt Security
Product Structure ETC
Physical Settlement Yes (Both Creation & Redemption)
Leverage 1:1 (No leverage)
Minimum Investment 1 unit
Expiry Date Open Ended
Entry Exit Fees* None
Replication Method Physically allocated (100% collateral)
* Your broker will charge commissions to trade the ETC like shares

Legal & Tax

UCITS Compliant No
UCITS Eligible Contact us for more information
ISA Eligible Yes
SIPP Eligible Yes

ETC Group partners with leading providers of institutional-grade digital asset custody

Coinbase Custody Trust Comany was founded in 2018 and is a custodian for digital assets. The company offers a secure, institutional-grade offline storage solution.

Regulated & Certified

Coinbase Custody is an independent qualified custodian and is a fiduciary under New York state banking laws. Coinbase custody is also the first crypto custodian to be issued both the SOC 1 Type 2 and SOC 2 Type 2 reports.

Cold img Wallets

All ETC assets are kept in cold wallets. Cold wallets mean that the digital wallets are not connected to the internet. This protects the wallets from hacks, unauthorized access, and other vulnerabilities.

High Security
img Standard

Coinbase Custody has developed its own first-class key generation protocol to generate cold storage addresses for custody wallets.

Insured img

Coinbase industry leading insurance policy protects both online and offline assets across all of Coinbase's products.

Simple and secure access to crypto

Use the account you already have or select from a wide range of platforms

ETC Savings Plan

Build wealth step by step: Our ETCs are available in the savings plan programs of our brokerage partners.

Learn More
Augsburger Aktienbank CapTrader Comdirect Consorsbank Degiro DWP Flatex ING DiBa

Key risks

  1. Investor's capital is at risk and investors may not get back the amount originally invested and should obtain independent advice before making a decision.
  2. Any decision to invest should be based on the information contained in the relevant prospectus.
  3. ETC securities are structured as debt securities, not as equity.
  4. ETCs trade on exchanges like securities. They are bought/sold at market prices which may be different to the net asset value of the ETC.