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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
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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
2025-8.30-12.90-3.20-0.10-0.10-4.2018.401.94-0.80-11.20
Investment Methodology
& Strategy
Fundamental based Asset Selection
Only Bitcoin and quality Web3 assets of different use cases/verticals are selected for the ETI. Each asset undergoes a rigorous research process, focusing solely on projects with strong fundamentals.
• No "meme” coins
• No narrative driven "hype" tokens
Data driven Active Portfolio Management
This ETI follows a purely systematic, data-driven investment approach to adjust market exposure dynamically. Trend following strategies systematically detect trends and
reversals in various data sources (onchain data, options market data, price data) and adjust the portfolio accordingly.

The strategy enables dynamic portfolio rotation, shifting the long portion toward Bitcoin in risk-off phases and Web3 assets in riskon phases.
LISTING
Börse Stuttgart
MANAGEMENT FEE
2,25%
NAV - September 30, 2025
EUR 880.65
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 Development
Bitcoin closed September up 5.37%, while Ether fell 5.6%.
After a firm start, crypto markets showed fatigue in a seasonally weak month, with the final week eroding much of the month-to-date gains. Mid-September saw ETH, SOL, and large-cap memecoins outperform Bitcoin after macroeconomic data pointed to a strong chance of a cut, and the FOMC delivered a 25-basis-point cut, in line with expectations and the first cut since December 2024.

A significant deleveraging on 20 September culminated on 22 September with total liquidations up 380% to $632 million in 24 hours; the 4-hour long-to-short liquidation ratio hit 96% to 4%, one of the most lopsided readings recently, and about $6.3 billion was liquidated over the week, leaving leverage materially lower. Seasonality added a headwind, with September typically challenging for both crypto and U.S. equities, while a gold breakout and renewed demand for inflation hedges lent support to Bitcoin.
Fundamentals were mixed but active. Stablecoins on Ethereum mainnet reached a record $149 billion in market cap; Bitcoin hashrate hit a new high; and ETH validator queues flipped, with entries exceeding exits amid rising staking demand. SOL remained a notable outperformer, aided by Forward Industries’ $1.65 billion private placement led by Galaxy, Jump, and Multicoin; WLD and AVAX launched DATs. On policy and market structure: the SEC proposed an “innovation exemption” to fast-track crypto products; nine European banks, including ING, formed a euro-stablecoin consortium; Tether announced USAT to comply with the GENIUS Act; FTX prepared $1.6 billion in repayments; the stablecoin market cap neared $300B as TradFi and DeFi converged; and the race among perp DEXs intensified. Meanwhile, soft U.S. labor data and weaker PMI/ISM prints kept macro uncertainty elevated, and U.S. spot Bitcoin and Ether ETFs saw mixed flows with activity broadly in line with recent quarters.
Outlook
An increasingly accommodative backdrop sets the stage for a stronger October, often called “Uptober.” The unemployment rate rose to 4.3%, a near four-year high, and markets are now pricing a higher probability of a third Fed cut this year. Lower policy rates could draw a meaningful share of the 7.4 trillion dollars parked in money market funds back into risk, supporting renewed momentum across digital assets.

Breadth should improve if the United States proceeds with generic listings of altcoin ETFs, widening access beyond Bitcoin and Ether. Seasonality is a tailwind: Bitcoin has posted gains in October in each of the past six years and in nine of the past ten, and September’s result has historically had little bearing on October performance.
A major technical upgrade adds to the constructive setup. The forthcoming hard fork is slated to double blob capacity, introduce Peer Data Availability Sampling, lift the block gas limit to 150 million, implement Verkle Trees, and enhance EVM performance. These changes target higher throughput and better data availability, which can catalyze on-chain activity and bolster the case for an “Uptober” rally.

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

Have a question?

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