Brazil's largest Bitcoin digital asset company plans to launch ETF configured with 95% STRC
2026-08-13 17:48:11
According to CoinMeta, Brazil's largest Bitcoin digital asset company is preparing to list an exchange-traded fund (ETF) that generates monthly income. Initially, 95% of the fund's portfolio will be allocated to preferred stocks of strategy companies, while the remaining portion will be invested in equivalent assets of another entity. The fund will make regular distributions in US dollars. Currently, the company holds 3,950 Bitcoins (valued at approximately $250 million), and it is expected that the annual distribution will be equivalent to Brazil's risk-free interest rate, which is 14.15% for interbank certificates of deposit, plus about 3-5 percentage points, after deducting the fund's estimated total cost of 1.30%. The fund is planned to trade on the Brazilian exchange using the local currency, the Real, and will distribute its income monthly.
Source:CoinDesk
This content is for market information only and does not constitute investment advice.
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