London Stock Exchange ETF segment · UCITS ETF
Invest in DAPP ETF from India
Indian and foreign residents can buy VanEck Crypto and Blockchain Innovators UCITS ETF (DAPP) units directly through Paasa.
By Paasa · Updated
DAPP at a glance
- Price
- $13.68-$0.05 (0.36%)
- Expense ratio
- 0.65%
- Day range
- $13.63 – $13.77
- Assets
- $599.0M
- Domicile
- Ireland
- Holdings
- 20
- Launched
- 2021
- Dividends
- —
- 1 month
- -1.28%
- 6 months
- +31.94%
- YTD
- +13.64%
- 1 year
- -9.93%
- 5 years
- -9.91%
Price change, excluding dividends.
Top 10 holdings
- 1Coinbase Global Inc9.0%
- 2Block Inc7.7%
- 3Bitmine Immersion Technologies Inc6.8%
- 4Circle Internet Group Inc6.5%
- 5Iren Ltd6.1%
- 6Hut 8 Corp5.5%
- 7Strategy Inc5.4%
- 8Riot Platforms Inc5.0%
- 9Mara Holdings Inc4.7%
- 10Cleanspark Inc4.6%
DAPP holds 20 securities in total. These 10 are 61.3% of the fund.
Where the money is invested
Sectors
- Financial Services62.9%
- Technology32.7%
- Consumer Cyclical4.5%
Countries
- United States80.1%
- Australia6.3%
- Singapore4.3%
- Cayman Islands4.2%
- Japan3.4%
- Hong Kong1.7%
How to invest in DAPP from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search DAPP and buy
Find the fund by its ticker, DAPP, on the London Stock Exchange ETF segment, and place your order.
Why invest in DAPP from India
What DAPP holds
This ETF provides exposure to companies at the forefront of blockchain technology's evolution. The VanEck Crypto and Blockchain Innovators UCITS ETF invests in publicly traded enterprises globally that are leveraging blockchain to revolutionize financial services and numerous other industries.
Outside US estate tax
DAPP is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
DAPP is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Why DAPP's UCITS structure matters for Indian investors
DAPP is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy DAPP from India?
Yes. Indian residents can buy VanEck Crypto and Blockchain Innovators UCITS ETF (DAPP) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does DAPP invest in?
VanEck Crypto and Blockchain Innovators UCITS ETF holds 20 securities. Its largest holdings are Coinbase Global Inc (9.0%), Block Inc (7.7%) and Bitmine Immersion Technologies Inc (6.8%). Financial Services is its largest sector at 62.9%. The fund is domiciled in Ireland.
What is the expense ratio of DAPP?
VanEck Crypto and Blockchain Innovators UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about $599.0M.
Is DAPP a UCITS ETF, and why does that matter for Indian investors?
Yes. VanEck Crypto and Blockchain Innovators UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
What tax do I pay in India when I sell DAPP?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.