OranjeBTC plans ETF with 95% Strategy STRC allocation

Brazilian Bitcoin treasury company OranjeBTC plans to list a new income focused ETF on B3 in early September, giving local investors exposure to preferred shares issued by U.S. Bitcoin treasury companies Strategy and Strive. Summary OranjeBTC plans DIGY11 for B3, initially holding Strategy’s STRC and Strive’s SATA preferred share securities. The fund targets monthly real-denominated distributions and expects listing in early September, subject to launch. OranjeBTC estimates distributions at CDI plus three to five points annually, but returns remain unguaranteed. Strategy’s STRC currently pays a 12% annualized dividend rate, while Strive’s SATA pays 13% annually. DIGY11 will hedge dollar exposure, charge 0.90% management fees, and trade with daily liquidity locally. The Digital Yield ETF, or DIGY11, will make monthly distributions in Brazilian reais and hedge its U.S. dollar exposure, according to the company’s release. The initial portfolio is expected to be heavily concentrated in Strategy’s STRC preferred stock. Exame reported that STRC will represent 95% of the portfolio, leaving the remaining allocation for Strive’s SATA. OranjeBTC’s broader public announcement confirms both se...