UNISCITI ALLA TRANSIZIONE BITCOIN

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JOIN THE BITCOIN TRANSITION

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REJOIGNEZ LA TRANSITION BITCOIN

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BFM Crypto, le Club: Bear Market and layoffs, how is the cryptocurrency industry doing? - 08/30


During this interview, Cyril Sabbagh, designer of our Bitcoin thematic ETF, discussed the following questions:

◽️ Why has our ETF outperformed Bitcoin by nearly 40% since early July? 🚀

◽️ What have been the factors that have allowed mining companies to catch up in the last 2 months?

◽️ How did Marathon Digital stand out from other players with a 113% increase in just 2 months?

Attention: Past performance does not guarantee future performance.


BFM Crypto, le Club: What is a crypto ETF  ? - 06/07


During this interview, Cyril Sabbagh, designer of our Bitcoin thematic ETF, discussed the following questions:

1-    What is a crypto ETF?

2-    How was the performance of your ETF during the past months?

3-    What are the holdings within your ETF that present a particular attractive potential?

4-    Is there a competitive advantage of the ETF in terms of platform fees or is it the other way around?

He discussed how the only possible way to invest in the Bitcoin thematic is through a classic traditional investment wrapper. Cryptocurrencies cannot be directly invested in these wrappers therefore our Bitcoin ETF doesn’t contain any Crypto or Bitcoin, but it invests in crypto ecosystem equities selected and weighted based on their historical sensibility to Bitcoin.

Cyril also discussed how our Bitcoin thematic ETF outperformed Bitcoin on an average of 5 to 10% since the last interview.

He shed the light on both Stronghold and Bakkt as important holdings in our Bitcoin ETF: The first as an American crypto mining company focusing on minimizing carbon emissions and shifting to alternative energy creating a competitive advantage in Bitcoin mining. And the second as an American company offering crypto services on both traditional and institutional levels.

Regarding the platform fees, Cyril mentioned the low management fees (0.75%/year) compared to other crypto platforms giving our crypto ETF a competitive advantage.

Attention: Past performance does not guarantee future performance.


BFM Crypto, le Club: The world's first Bitcoin thematic UCITS ETF - 08/06


During this interview, Cyril Sabbagh, designer of our Bitcoin thematic ETF, discussed the following topics:

1-    The world's first Bitcoin thematic UCITS ETF

2-    The components of this ETF

3-    Volatility of this Bitcoin ETF

4-    Placing our ETF in a PER

5-    Reason of the last visit to Italy

At the beginning, he mentioned that our Bitcoin ETF invests inequities from the crypto ecosystem, and that there is no crypto or Bitcoin, in other words, there is no risk of hacks or theft, or counterparty risk. He added that it consists of 30 companies that are the most sensitive to Bitcoin and the portfolio is rebalanced every 3 months.

Afterwards, he chose 2 companies in our Bitcoin ETF to talk about: Big Digital and Overstock. The first is a Canadian crypto and Blockchain services company that focuses on risk and compliance. The second is an American company that offered to customers the possibility of paying or being reimbursed in Bitcoin.

Cyril explained that in our ETF, volatility is present because we have stocks that are in the crypto ecosystem, which is a volatile ecosystem.

In addition to that, he talked about the fact that this Bitcoin ETF is the only possibility of exposure to the Bitcoin thematic in a ‘Plan d’Epargne Retraite’ PER.

At the end, Cyril revealed the reason behind the last visit to Italy: We organized a Bell Ceremony at Borsa Italiana where we listed our Bitcoin ETF to be the perfect alternative to a direct Bitcoin Tracker for Italian investors.

Attention: Past performance does not guarantee future performance.


BFM Crypto, le Club: Investing in the crypto ecosystem without investing in cryptocurrencies - 11/05

During this interview, Cyril Sabbagh, designer of our Bitcoin thematic ETF, discussed the following questions:

1-    How is the performance of your Bitcoin ETF now?

2-    Is it a crypto ETF without crypto inside?

3-    Why did you choose not to invest in crypto?

4-    How important is the correlation between Nasdaq and crypto ETF?

5-    Is the crypto ecosystem rich enough to keep your Bitcoin ETF diversified?

6-    Can you illustrate one or two companies from this crypto ETF?

As a start, Cyril mentioned that the whole crypto ecosystem is suffering now which will affect our crypto thematic ETF as well.  

After that, he discussed the composition of the world’s first Bitcoin thematic UCITS ETF, as there’s no active cryptocurrencies or Bitcoin but there are companies that belong to the crypto ecosystem for example companies that offer crypto services and crypto financial solutions.

Cyril also explained the reason behind this choice: To have the famous UCITS stamp, it is not allowed, in this ultra-secure regulatory framework, to be able to integrate cryptos yet.

He highlighted the correlation between Nasdaq and the crypto ETF by giving the example of what happened at the start of the Russia-Ukraine crisis where the correlation between Bitcoin and Nasdaq was very low (around 20%),therefore, we should know that the concept of correlation is linked to the period meaning that there is a very strong correlation now indeed.

In addition to that, Cyril discussed the increasing importance of the crypto ecosystem. When we started this project there were a few crypto miners who were listed. Today, not a week goes by without an IPO in this crypto ecosystem. The important point about this Bitcoin ETF is that we are interested in the sensitivity of each company to Bitcoin:  30 companies are chosen based on the ones with the highest sensitivity and the largest beta in relation to bitcoin, where they will be weighted accordingly.

At the end, he chose 2 companies to talk about: Argo Blockchain and Silvergate Capital. The first is a crypto mining company listed in the UK and focuses mainly on green mining through solar and hydraulic systems. The second is a US crypto bank that offers custodial services.

Attention: Past performance does not guarantee future performance.


Press & Media

BFM Crypto, le Club - Interviews with Cyril Sabbagh

July 6, 2022

Cyril Sabbagh, Managing Director at Melanion Capital talks more about Melanion's Bitcoin thematic UCITS ETF during an interview on BFM Crypto with Guillaume SOMMERER, co-editor in chief at BFM Business, and Valentin Demé, journalist at Cryptoast.

To consult our ETF page: Melanion ETF Page

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In accordance with the law "Informatique et Libertés", you can access data concerning you, rectify them, request their erasure or exercise your right to limit the processing of your data by contacting:
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