Fineqia International Inc has launched a Bitcoin-based investment product known as the Fineqia Bitcoin Yield Exchange Traded Product (ETP), trading under the ticker symbol YBTC, on the Vienna Stock Exchange.

This innovative product is available to both institutional and retail investors and adheres to regulatory standards, making it the first regulated instrument globally to offer Bitcoin yield through decentralized finance (DeFi) protocols.

The introduction of YBTC expands Fineqia's portfolio, which previously included the Fineqia FTSE Cardano Enhanced Yield ETN, also known as YADA.

YBTC automatically reinvests the Bitcoin yield it generates, allowing investors to grow their Bitcoin holdings over time without requiring additional capital investment.

The ETP supports in-kind transfers, enabling existing Bitcoin holders to convert their holdings into the ETP without incurring conversion costs.

Unlike traditional Bitcoin ETPs that merely track asset prices, YBTC employs DeFi strategies such as lending and liquidity provisioning to generate yield.

The ETP is designed to target an annual yield of 6%, which is reinvested into additional Bitcoin holdings for the investor.

Fineqia's CEO, Bundeep Singh Rangar, stated that YBTC transforms Bitcoin from a mere store of value into a yield-generating digital asset, enabling compounded returns for investors.

With YBTC, investors can earn additional Bitcoin through DeFi activities while maintaining full exposure to the Bitcoin asset.

YBTC is issued by Fineqia AG, a subsidiary based in Liechtenstein, with Psalion Operations Ltd serving as the advisory firm.