Index/Participation Certificate Long Bitcoin Future The product related information contained herein is exclusively for information purposes only, intended for current investors or in case these products are displayed further to an individual search. The information does not constitute a recommendation or an offer to buy or an invitation to make a respective offer in relation to any of the products described herein.
Change-- Bid- Ask- Last update-
Name
Long Bitcoin Future
ISIN / WKN
AT0000A38M78 / RC1B0F
Underlying
Bitcoin Future
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
0.00%
Underlying price
-
Starting value
EUR 42,280.00
Strike
USD 0.00
Denomination / nominal
1 unit
About the term
Initial valuation date
Dec 04, 2023
Issue date
Dec 05, 2023
Final valuation date
-
Maturity date
open-end
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Index/Participation Certificate (1300)
Index/Participation Certificate Type
Participation Certificate Long
Underlying
Bitcoin Future
Country / region of underlying
-
Suited market expectation
bullish
Issue price
39.10 EUR
Spread homogenised
-
Spread in %
-
Multiplier
1:1057.69113
Product currency
EUR
Underlying currency
-
Quanto
no
Settlement method
Cash settlement
Tax treatment
Capital Gains Tax / No EU Withholding Tax
Public offer in
Austria, Germany, Italy, Slovakia, Croatia, Slovenia
Listing
Vienna, Stuttgart
Product info
Comments

With this certificate, investors participate in the performance of the CME Bitcoin Futures.
The CME Group is the largest futures exchange in the world. The CME Bitcoin Future is based on the CME CF Bitcoin reference price (USD), which is calculated daily on the basis of the most important Bitcoin spot exchanges.
The certificate is based on the next futures contract due.Every month, 5 trading days before this futures contract matures, it is rolled into the next contract and the subscription ratio is adjusted so that the price of the certificate does not change solely due to the change in the futures contract. However, due to the change in the reference ratio, the certificate refers to fewer ("contango") or more ("backwardation") units of the underlying after the rolling process.As the certificate is quoted in EUR and the underlying in USD, there is an exchange rate risk.

Further information on the underlying can be found on the CME Group details page:Bitcoin Futures Quotes - CME Group

The CME Group also offers background information in German:What are Bitcoin Futures? (cmegroup.com)

Exchange Date Time Price Trading volume Nr. of trades Actions
Stuttgart Apr 26, 2024 14:54 56.970 EUR 5,127.00 3 Request for trade
over the counter Austria Apr 26, 2024 19:59 57.030 EUR - 2373 Request for trade