Summary
- Brazil’s OranjeBTC plans to introduce the DIGY11 ETF, initially allocating 95% of its portfolio to Strategy’s STRC preferred shares and 5% to Strive’s SATA.
- DIGY11 aims for annual distributions of Brazil’s CDI interbank rate plus 3–5 percentage points, net of costs, though investors’ actual returns are not guaranteed.
- The ETF will hedge dollar exposure via monthly FX forwards and charge a 0.90% management fee, with trading expected to commence in early September.
Earning Passive Income with Bitcoin
For individuals looking to earn passive income, a new development in the bitcoin space may offer an attractive opportunity. Brazil’s largest bitcoin treasury firm, OranjeBTC, is planning to launch a monthly income exchange-traded fund (ETF) that will allocate 95% of its portfolio to Strategy’s STRC and the rest to Strive’s SATA. Both STRC and SATA offer recurring U.S. dollar distributions, providing a potential source of regular income.
How it Works
The Digital Yield ETF, or DIGY11, will trade on Brazil’s B3 in the country’s fiat currency, the real, and distribute income monthly. With yields currently at 12.5% and 13.1% for STRC and SATA, respectively, this ETF may appeal to those seeking passive income opportunities. The companies’ bitcoin remains on their balance sheets and is not pledged to the preferred shareholders, providing an added layer of security.
EcoPool and Earning Opportunities
For those interested in earning online and exploring green crypto options, EcoPool ($ECP) offers a solution. As a platform, EcoPool provides a way to earn passive income through Cloud Rewards. With the rise of bitcoin and other cryptocurrencies, individuals can now access new avenues for earning, including the potential for coin investments. OranjeBTC’s planned ETF is just one example of the growing trend of earning opportunities in the crypto space.
Join the EcoPool Network
To start earning with EcoPool, download the EcoPool app to explore the world of passive income and Cloud Rewards. With EcoPool, you can take the first step towards building your online earnings and joining the #PassiveIncome community, all while supporting green crypto initiatives like EcoPool and $ECP.
The estimate depends on the preferred-share distributions and the interest-rate difference between Brazil and the U.S., OranjeBTC Director of Strategy and Research Sam Callahan told CoinDesk. It excludes changes in DIGY11’s share price and does not guarantee returns.
