DA20

Bitwise MSCI Digital Assets Select 20 ETP

Bitwise MSCI Digital Assets Select 20 ETP (DA20) offers investors simple and cost-efficient access to the leading investable digital assets and cryptocurrencies.

Case for MSCI Digital Assets Select 20 ETP

100% physical backing

The ETP units are 100% physically backed by cryptocurrency held securely in cold storage.

Efficient diversification

DA20 provides passive and diversified broad market exposure to digital assets in one single product, covering approximately 85% of the crypto market.

Enhanced product quality

Best-in-class product structuring with capped weighting, quarterly rebalancing, and tier 1 service providers such as MSCI.

Case for Crypto ETCs

eco money icon

Easier crypto access

Unlike directly investing in cryptocurrencies, ETCs require no cryptocurrency wallet, unless investors wish to redeem for the underlying coin.

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Regulated exchanges

Crypto ETCs can trade on regulated European exchanges e.g. XETRA, or SIX. Market participants are strictly vetted and monitored, preventing market abuse unlike largely unregulated cryptocurrency exchanges.

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Safe custody

Underlying cryptocurrencies can be safely stored by regulated custodians, built for digital assets.

As of 15.10.2026

Product Objective

The Bitwise MSCI Digital Assets Select 20 ETP is the first Digital Asset ETP indexed to MSCI. The ETP is a physically backed exchange traded product that offers investors simple and cost-efficient access to the leading investable digital assets and cryptocurrencies comprising around 85% of the crypto market.

The ETP seeks to track the performance, before fees and expenses, of the MSCI Global Digital Assets Select Top 20 Capped Index. The index is rebalanced on a quarterly basis.

DA20 is issued by Bitwise (previously ETC Group), click here to view the full fund page for more information.

Key Information

Inception Date24/04/2023
Base CurrencyUSD
Net Assets of Fund$20,509,561
TER85 bps
Replication MethodPhysical Replication
DomicileGermany
ISINDE000A3G3ZL3

Key Risks

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

Product Information

TickerDA20
Asset ClassCryptocurrency

Net Asset Values

NAV$96.40
Net assets of Fund$20,509,561
Shares Outstanding212,756
Issuer AUM$1,573,270,451

Product Structure

UCITS CompliantNo
UCITS EligiblePlease contact HANetf
ISA Eligible*Yes
SIPP Eligible*Yes
UK Fund Reporting StatusNo

* only for professional investors investing via this wrapper in UK

Key service providers

CustodianCoinbase Luxembourg, S.A.
IssuerBitwise Europe GmbH

Registrations

austria Flag Austria
czech Flag Czech Republic
denmark Flag Denmark
finland Flag Finland
france Flag France
germany Flag Germany
ireland Flag Ireland
italy Flag Italy
luxembourg Flag Luxembourg
malta Flag Malta
netherlands Flag Netherlands
norway Flag Norway
poland Flag Poland
portugal Flag Portugal
spain Flag Spain
sweden Flag Sweden
switzerland Flag Switzerland

Listings & Codes

ExchangeTickerRICSEDOLCCYListing Date
Borsa ItalianaDA20 IMDA20.MIBVLNP65€2026-02-09
Nasdaq StockholmDA20 SSDA20.STBNYL2M5SEK2026-01-14
Euronext ParisDA20 FPDA20.PABRJ4M94 FR€2024-01-11
SIXDA20CHF BW-BRJN8F9₣2023-10-04
XetraDA20 GYDA20.DEBMF9D28€2023-04-19
XetraDA21 GYDA21.DEBMF9D40$2023-04-19
Exchange Borsa Italiana
Ticker DA20 IM
RIC DA20.MI
SEDOL BVLNP65
CCY €
Listing Date 2026-02-09
Exchange Nasdaq Stockholm
Ticker DA20 SS
RIC DA20.ST
SEDOL BNYL2M5
CCY SEK
Listing Date 2026-01-14
Exchange Euronext Paris
Ticker DA20 FP
RIC DA20.PA
SEDOL BRJ4M94 FR
CCY €
Listing Date 2024-01-11
Exchange SIX
Ticker DA20CHF BW
RIC -
SEDOL BRJN8F9
CCY ₣
Listing Date 2023-10-04
Exchange Xetra
Ticker DA20 GY
RIC DA20.DE
SEDOL BMF9D28
CCY €
Listing Date 2023-04-19
Exchange Xetra
Ticker DA21 GY
RIC DA21.DE
SEDOL BMF9D40
CCY $
Listing Date 2023-04-19

Performance

DA20 (Fund)MXGSDA20 (Index)
1M12.68%12.62%
3M56.31%53.84%
6M26.21%26.52%
YTD-9.13%-7.06%
12M-36.83%-34.81%
3Y128.27%135.66%
Since Inception (24/04/2023)108.66%114.99%
NAV

Source: HANetf, data as of 30.09.2026. Please note that all performance figures are showing net data. The underlying benchmark is MSCI Digital Assets Select 20, performance is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled “Risk Factors” for further details of risks associated with an investment in this product. If product is less than 12 months old, YTD field will be calculated since inception. When you invest in ETCs your capital is at risk.

Holdings As of 15.10.2026

Methodology

Index selection excludes digital assets identified as stable coins/pegged coins/privacy coins. It also excludes digital assets placed in the bottom 5% of the applicable universe when ranked in the descending order volume in USD at the time of rebalance. Digital assets classified as meme coins will not be selected. Digital assets corresponding to the above criteria are ranked in descending order of their full market capitalization and the top 20 digital assets identified. The index is rebalanced quarterly.

Index Details

IndexMSCI Global Digital Assets Select Top 20 Capped Index
Index CurrencyUSD
Index ProviderMSCI
Index TickerMXGSDA20

Knowledge hub

Explore our expert-written monthly fund reports, periodic reviews, and key insights.

Press Coverage

About Partner

Bitwise is one of the world’s leading crypto specialist asset managers. Thousands of financial advisors, family offices, and institutional investors across the globe have partnered with Bitwise to understand and access the opportunities in crypto. Since 2017, Bitwise has established a track record of excellence managing a broad suite of index and active solutions across ETPs, separately managed accounts, private funds, and hedge fund strategies—spanning both the U.S. and Europe.

In Europe, for the past four years, Bitwise (previously ETC Group) has developed an extensive and innovative suite of crypto ETPs, including Europe’s largest and most liquid bitcoin ETP.

This family of crypto ETPs is domiciled in Germany and approved by BaFin. Bitwise exclusively partners with reputable entities from the traditional financial industry, ensuring that 100% of the assets are securely stored offline (cold storage) through regulated custodians.

Bitwise’s European products comprise a collection of carefully designed financial instruments that seamlessly integrate into any professional portfolio, providing comprehensive exposure to crypto as an asset class. Access is straightforward via major European stock exchanges, with primary listings on Xetra, the most liquid exchange for ETF trading in Europe.

Retail investors can benefit from easy access through numerous DIY/online brokers, coupled with Bitwise’s robust and secure physical ETP structure, which includes a redemption feature.

How to Buy