OranjeBTC launches world's first Bitcoin-backed digital credit ETF (DIGY11) on Brazil's B3 exchange targeting ~18% annual yield paid monthly.
RWA & Tokenization ·
OranjeBTC has launched DIGY11, described as the world's first Bitcoin-backed digital credit ETF, on B3, Brazil's largest stock exchange. The product targets an approximate 18 percent annual yield distributed on a monthly basis.
The ETF structure combines Bitcoin collateral with digital credit mechanisms, positioning it at the intersection of cryptocurrency and traditional fixed-income instruments. By routing returns through monthly distributions rather than annual payouts, the product may appeal to income-focused investors seeking regular cash flows alongside Bitcoin exposure.
It remains unclear how the yield will be generated—whether through lending activity, staking, or other digital credit mechanisms—and whether regulatory approval from Brazilian authorities extends beyond exchange listing. The sustainability of the targeted return rate under varying market conditions and the fund's competitive positioning relative to other Bitcoin-linked products are also not yet detailed.