Bitcoin ETP With DeFi Yield Goes Live in Europe
2025-07-01 07:11:21
Main Idea
Fineqia has launched the first Bitcoin exchange-traded product (ETP) in Europe that generates yield from decentralized finance (DeFi) markets, offering investors one-to-one exposure to bitcoin while earning returns.
Key Points
1. The Fineqia Bitcoin Yield ETP (YBTC) debuted on July 1, 2025, and is the first of its kind to generate yield from DeFi markets.
2. Unlike other crypto yield ETPs, YBTC maintains one-to-one exposure to bitcoin while generating returns, allowing investors to earn more BTC while holding it.
3. The ETP supports in-kind transfers, avoiding the need to convert into cash and incurring a taxable event.
4. Bitcoin exchange-traded products have seen rapid growth, managing $150 billion of assets, according to Fineqia.
Description
A bitcoin (BTC) exchange-traded product (ETP) that generates yield from decentralized finance (DeFi) markets has debuted on Tuesday, in what issuer Fineqia calls a first of its kind. The Fineqia Bitcoin Yield ETP (YBTC), listed on the Vienna Stock Exchange, targets a 6% annual yield by deploying investor capital into DeFi strategies. It is issued by Fineqia’s Liechtenstein-based subsidiary and advised by Psalion Yield, a digital asset investment firm focused on blockchain-based yield. Unlike exi...
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