European Investors Gain Access to Bitcoin ETP With DeFi Yield

Fineqia Debuts Europe’s First Bitcoin Yield ETP Utilizing DeFi Strategies

Fineqia has introduced a new Bitcoin exchange-traded product (ETP) that earns yield from decentralized finance (DeFi) markets, which the company describes as a first-of-its-kind offering.

The Fineqia Bitcoin Yield ETP (YBTC) began trading Tuesday on the Vienna Stock Exchange. It targets a 6% annual yield by investing the underlying Bitcoin into DeFi protocols. The product is issued through Fineqia’s Liechtenstein-based subsidiary and managed alongside Psalion Yield, a digital asset investment firm specializing in blockchain-based yield strategies.

Unlike traditional crypto yield ETPs that depend on derivatives or structured products, YBTC maintains a direct, one-to-one exposure to Bitcoin, while generating additional returns directly from on-chain DeFi operations.

“This ETP enables investors to earn more Bitcoin while continuing to hold it, merging long-term conviction with the benefits of compound returns, all within a regulated framework,” said Bundeep Singh Rangar, CEO of Fineqia.

A notable feature of YBTC is its support for in-kind transfers, allowing investors to contribute Bitcoin directly without converting it to cash first, potentially reducing tax consequences from asset sales.

The launch arrives amid increasing interest in crypto-focused investment products, which have helped bridge the gap between digital assets and traditional finance. ETPs like YBTC make it easier for investors to gain crypto exposure through standard brokerage accounts, eliminating the need for crypto wallets or direct blockchain transactions.

Fineqia also noted that Bitcoin exchange-traded products have experienced significant growth over the past year, now holding over $150 billion in assets worldwide.