Brazil’s OranjeBTC Launches DIGY11 Digital Yield ETF With September B3 Debut

Brazilian Bitcoin treasury company OranjeBTC has launched the DIGY11 Digital Yield ETF, offering local investors access to preferred securities from Bitcoin treasury companies through a Brazilian real-denominated investment product.

OranjeBTC Plans DIGY11 Listing on B3 in September

OranjeBTC said DIGY11 is expected to begin trading on Brazil’s B3 stock exchange in early September. 3R Investimentos manages the exchange-traded fund, MarketVector provides its underlying index, while Banco Daycoval serves as trustee for the product.

DIGY11 will trade in Brazilian reais and provide daily liquidity alongside currency hedging. Income received from overseas securities held by the fund will be converted into reais before being distributed to ETF holders each month.

The initial portfolio includes STRC preferred security issued by Strategy and SATA issued by Strive. STRC will account for the largest portion of the portfolio. DIGY11 does not invest directly in Bitcoin despite its exposure to securities issued by companies associated with Bitcoin treasury strategies.

DIGY11 Targets CDI Plus 3% to 5% Annual Distributions

Under current market conditions, OranjeBTC expects DIGY11 to provide annual distributions equivalent to Brazil’s CDI benchmark rate plus about 3% to 5%. The estimate excludes any changes in the value of DIGY11 shares and does not guarantee future returns.