Brazil’s B3 gets DIGY11, a new ETF tracking Bitcoin treasury preferred stock
OranjeBTCs DIGY11 product page on Sept. 15 marked the exchange-traded fund as “now on B3” and displayed a value of R$10.04 per unit. Its updated status signaled that Brazilian investors could access a fund tied to Bitcoin-treasury companies without buying Bitcoin itself. Related Asset Bitcoin #1 BTC · $75,840.87 24-hour change: down 2.06% Loading price history… 24H Down 2.06% 7D Down 4.22% 30D Up 19.42% DIGY11 is not a spot Bitcoin ETF and does not seek to match Bitcoins price. It follows a Brazilian real-hedged MarketVector index of preferred shares issued by companies whose balance sheets include substantial Bitcoin holdings. B3, Brazil‘s stock exchange, said that secondary-market trading would not begin as planned on Sept. 11, at the fund manager’s request. DIGY11s product page later reported R$27.5 million in net assets and a R$10.00 net asset value per unit for Sept. 11, separate from the R$10.04 value displayed on Sept. 15. What investors are buying The fund‘s disclosed Sept. 11 portfolio was concentrated in Strategy, the largest of the two US Bitcoin-treasury companies represented. STRC, Strategy’s preferred stock, accounted for 74.29% of assets. Strives SATA preferred shares made up 4.88%, while 20.83% was cash in reais and margin allocated to the currency hedge. Related Company Strategy









