A digital ETF was introduced in OranjeBT, Brazil, with an estimated annualized distribution of 3 to 5 per cent

According to Livecoins, OranjeBTC, the Brazilian Bitcoin Treasury, announced the launch of a digital gain ETF (DIGY11), which is scheduled to land on B3 in early September. The initial holding warehouse of the ETF consisted of Strategy ' s STRC and Strive ' s SATA, which was based on monthly reais distribution of revenues and provided exchange rate hedges and daily liquidity. Based on current market conditions, the Fund expects an annualized allocation level of about 3 to 5 per cent over the Brazilian CDI rate, which does not hold BTC directly。