BlockBeats News, August 13th, Brazilian Bitcoin Treasury company OranjeBTC (B3: OBTC3) announced the launch of the Digital Yield ETF (DIGY11). This ETF was created in partnership with OranjeBTC, 3R Investimentos, and MarketVector, and is expected to be listed on the Brazilian Stock Exchange B3 in early September.DIGY11 will initially invest in preferred shares issued by Strategy through STRC and Strive through SATA, distributing monthly profits to investors in Brazilian Reais. It will also provide daily liquidity and exchange rate hedging.Under current market conditions, DIGY11 is expected to have an annualized distribution yield equivalent to the CDI rate plus approximately 3% to 5%. However, this estimate does not include fluctuations in the fund's share price and does not constitute a profit guarantee. The ETF does not directly invest in Bitcoin but rather holds preferred shares related to the Bitcoin Treasury company, providing Brazilian investors with a localized channel to earn USD income and exposure to the Bitcoin ecosystem assets.
