Altcoinist
Image default
Crypto News

Brazil’s New Bitcoin ETF Bet Puts 95% Into Strategy’s STRC

Brazil Strategic Bitcoin Reserve

The post Brazil’s New Bitcoin ETF Bet Puts 95% Into Strategy’s STRC appeared first on Coinpedia Fintech News

Brazil’s largest Bitcoin treasury firm is taking a new route to bring Bitcoin related income to local investors. OranjeBTC is preparing the DIGY11 ETF, which plans to put 95% of its portfolio into Strategy’s STRC preferred shares.  Meanwhile this will turn a U.S. Bitcoin treasury strategy into a Brazilian real denominated income product. DIGY11 Plans …

Related posts

The 37-Year Plan: Is XRP the Global Currency the IMF Never Finished Building?

Antonio M. Foster

WLFI Proposes 4.5 Billion Token Burn in Major Governance Reset

Antonio M. Foster

Strategy Posts $8.22B Q2 Unrealized Loss as Bitcoin Price Falls Below Cost Basis

Antonio M. Foster