Brazil’s B3 gets DIGY11, a new ETF tracking Bitcoin treasury preferred stock

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B3, Brazil’s stock exchange, now lists DIGY11, a fund from OranjeBTC holding preferred shares issued by Strategy and Strive, two US companies with Bitcoin treasuries. The fund’s portfolio concentrates on Strategy’s STRC preferred stock at 74.29% of assets, completed by Strive’s SATA at 4.88% and cash in reais at 20.83%. The fund reported net assets of R$27.5 million on September 11 with a net asset value of R$10.00 per unit. The fund targets monthly distributions in reais and aims for potential returns of CDI plus 3% to 5% annually, with a 0.90% management fee and at least 0.055% in annual administration and custody fees, with no guaranteed returns or FGC protection.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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