Fineqia has launched a first-of-its-kind Bitcoin Yield ETP (YBTC) on the Vienna Stock Exchange, offering investors up to 6% annual yield through decentralized finance (DeFi) strategies — while maintaining full 1:1 Bitcoin exposure.
Issued via its Liechtenstein-based subsidiary and advised by Psalion Yield, the new ETP allows in-kind BTC transfers, letting investors contribute directly without converting to fiat or triggering taxable events.
Unlike previous yield products based on derivatives or structured notes, this ETP deploys capital directly into DeFi protocols, aiming to compound long-term BTC holdings in a regulated wrapper.
According to Coindesk, crypto ETPs have seen rapid institutional growth, now managing over $150 billion in assets globally. The YBTC launch marks a significant step in blending DeFi yield generation with mainstream financial infrastructure.
“It allows investors to earn more BTC while they hold it,” said Fineqia CEO Bundeep Singh Rangar.