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

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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 …