Share this article
Bitcoin ETP With DeFi Yield Goes Live in Europe
The Fineqia Bitcoin Yield ETP deploys the underlying assets in decentralized finance yield strategies to offer investors a return on BTC holdings.
Updated Jul 1, 2025, 6:59 a.m. Published Jul 1, 2025, 6:58 a.m.
What to know:
- Asset manager Fineqia has launched a Bitcoin Yield ETP on the Vienna Stock Exchange, aiming for a 6% annual yield through DeFi strategies on top of bitcoin's price.
- The ETP allows in-kind transfers, enabling digital asset holders to contribute BTC directly without converting to cash.
- Bitcoin exchange-traded products has enjoyed rapid growth, managing $150 billion of assets, Fineqia said.
A bitcoin exchange-traded product (ETP) that generates yield from decentralized finance (DeFi) markets has debuted on Tuesday, in what issuer Fineqia calls a first of its kind.
The Fineqia Bitcoin Yield ETP (YBTC), listed on the Vienna Stock Exchange, targets a 6% annual yield by deploying investor capital into DeFi strategies. It is issued by Fineqia’s Liechtenstein-based subsidiary and advised by Psalion Yield, a digital asset investment firm focused on blockchain-based yield.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Unlike existing crypto yield ETPs that rely on derivatives or structured notes, YBTC maintains one-to-one exposure to bitcoin while generating returns directly from DeFi protocols.
“It allows investors to earn more BTC while they hold it, combining long-term conviction with compounding returns, all inside a regulated wrapper,” said Fineqia CEO, Bundeep Singh Rangar.
The ETP also supports in-kind transfers, meaning that digital asset holders can contribute BTC directly to the product without the need to first convert into cash incurring a taxable event.
YBTC arrives at a time when investor interest in crypto-focused investments is growing. These investment products has brought digital assets closer to traditional investors, allowing them to invest in digital assets in a familiar way through brokerage accounts without the need of crypto wallets and blockchain transactions.
Bitcoin exchange-traded products enjoyed rapid growth over the past year and have gobbled up $150 billion of assets, Fineqia said.
Read more: BlackRock to List Bitcoin ETP in Europe in First Crypto Foray Outside U.S.
More For You
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Binance opens up ways for users to generate income using ETH options
Binance has opened up ether options to all users, allowing them to earn passive income.
What to know:
- Binance has opened up ether options to all users, allowing them to earn passive income, expanding a strategy previously limited to professional traders.
- The exchange's move responds to growing demand for advanced derivative tools from both retail and institutional investors.
- Binance has upgraded its options platform to offer faster execution and greater flexibility, aiming to dominate the competitive crypto options market.
Top Stories
