Key facts
- OranjeBTC is launching the DIGY11 Digital Yield ETF.
- The ETF will trade on the B3 stock exchange.
- Trading is expected to commence in September.
- The ETF will invest in preferred securities from Bitcoin treasury companies.
- The ETF aims for annual distributions equivalent to Brazil's CDI rate plus 3-5%.
OranjeBTC, a Brazilian firm, is introducing the DIGY11 Digital Yield ETF, which is scheduled to begin trading on the B3 stock exchange in September. The primary investment strategy for DIGY11 involves acquiring preferred securities issued by companies that hold Bitcoin on their treasuries. The ETF aims to provide investors with annual distributions that are benchmarked against Brazil's CDI rate, with an additional yield of 3-5% on top of that benchmark. This new ETF represents a move towards integrating digital asset-related investments into the mainstream Brazilian stock market, offering a structured product for exposure to Bitcoin treasury companies.