According to BlockBeats, OranjeBTC (B3: OBTC3), a Brazilian treasury company focused on bitcoin, announced on Aug. 13 the upcoming launch of the Digital Yield ETF (DIGY11). The product, created together with 3R Investimentos and MarketVector, is expected to be listed on B3 at the beginning of September. DIGY11's initial allocation will be placed in preferred shares offered by Strategy under the ticker STRC and by Strive under the ticker SATA. Investors will receive monthly income distributions in Brazilian reais, and the fund promises daily liquidity as well as currency hedging. Under present market conditions, the fund's estimated annualized distribution return stands at the Brazilian CDI benchmark plus about 3% to 5%. Importantly, this projection excludes any effect of movement in the fund's share price and is not guaranteed. DIGY11 does not purchase bitcoin directly. Rather, it uses preferred shares related to bitcoin treasury companies, providing a local route for Brazilian investors to obtain dollar earnings and exposure to the wider bitcoin ecosystem.
ETF Launch Plans
According to BlockBeats, OranjeBTC (B3: OBTC3), a Brazilian bitcoin treasury company, announced on Aug. 13 the launch of the Digital Yield ETF (DIGY11). The product was developed with 3R Investimentos and MarketVector and is expected to debut on the B3 exchange in early September.
Portfolio and Distribution
DIGY11 will initially invest in preferred shares issued by Strategy through the STRC ticker and by Strive through the SATA ticker. Income is distributed monthly in Brazilian reais, while the fund offers daily liquidity and currency hedging.
Yield Expectations and Risks
Under current market conditions, the estimated annualized distribution yield equals the CDI benchmark plus roughly 3% to 5%. This estimate excludes movements in the fund's share price and is not a guarantee of returns.
The ETF does not buy bitcoin directly. Instead, it holds preferred shares related to bitcoin treasury companies, giving Brazilian investors a local channel to access dollar-denominated returns and bitcoin ecosystem exposure.
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