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
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Crypto Drop Wipes Out $370M in Bullish Bets as BTC, ETH Give Back Gains
Binance, Hyperliquid, and Bybit were the most affected exchanges, comprising 72% of all forced unwinds.
What to know:
- Crypto markets experienced a significant leverage reset with over $514 million in positions liquidated in 24 hours.
- Long positions accounted for $376 million of the liquidations, indicating traders were heavily betting on continued market gains.
- Binance, Hyperliquid, and Bybit were the most affected exchanges, comprising 72% of all forced unwinds.
Top Stories
