OranjeBTC launches Bitcoin-linked ETF on B3 with monthly distributions

OranjeBTC has launched the DIGY11 ETF on the B3 exchange, offering a product that provides monthly distributions in Brazilian reais. The fund does not purchase Bitcoin directly but invests in preferred shares of companies that hold significant Bitcoin reserves, such as Strategy and Strive. Structured by Itaú BBA, the product aims to offer returns linked to the Bitcoin economy while providing currency protection and daily liquidity.