21shares Announces Launch of Strategy Yield ETP (STRC), Offering Investors Access to the Intersection of Crypto and Traditional Finance

21shares Announces Launch of Strategy Yield ETP (STRC), Offering Investors Access to the Intersection of Crypto and Traditional Finance

First equity-linked ETP from 21shares provides exposure to a bitcoin-backed digital yield instrument with a high yield income

21shares launches strategy yield ETP

Zurich-based 21Shares AG, an issuer of cryptocurrency exchange-traded products (ETPs), has launched a strategy yield ETP (Ticker: STRC) on Euronext Amsterdam. The fund is the firm’s first ETP providing exposure to an equity-related instrument. By offering exchange-traded access to a preferred security issued by Strategy Inc., a US-based software company and a corporate holder of

21Shares Lists STRC ETP Tied to Strategy Bitcoin Yield

TLDR 21Shares has listed the STRC ETP on Euronext Amsterdam under the ticker STRC NA. The product gives European investors exposure to Strategy’s preferred stock linked to its Bitcoin treasury. Strategy currently holds 717,722 BTC valued at about $47 billion dollars. The preferred stock offers a variable dividend set at an annualized rate of 11.25%. 21Shares designed the ETP to allow access through standard brokerage accounts. 21Shares has laun…

Europe Gets Strategy Yield Wrapper as 21Shares Lists STRC ETP

European investors are getting a new route to crypto-linked yields through a regulated vehicle that ties traditional finance to a Bitcoin treasury. 21Shares has unveiled STRC NA, an investment product that provides exposure to Strategy’s preferred stock as a gateway to the economics of Strategy’s Bitcoin reserves. The plan is to list this ETP on Euronext Amsterdam this Thursday, offering access to a dividend that is backed by Strategy’s Bitcoin …