Valor Partners with Core Foundation to Launch Yielding Bitcoin ETP Offering 5.65% Yield
According to ChainCatcher news, Valor, a subsidiary of DeFi Technologies, has partnered with Core Foundation to launch a yield Bitcoin (BTC) ETP, providing investors with a Bitcoin investment opportunity with a 5.65% yield and a management fee of 1.9%. The Valor Bitcoin Staking (BTC) SEK ETP generates revenue by delegating Bitcoin to validators on the Core chain through non-custodial, native Bitcoin staking. Staked Bitcoins receive staking rewards in the form of CORE tokens, which are then reinvested into the product.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A certain bitcoin whale has unrealized short profits exceeding $57 million
Data: Whale who profited $24.48 million from shorting withdrew 57,700 ETH from an exchange this morning
Data: Ark Invest increases its holdings by more than 380,000 shares of Bitmine stock again
Trending news
MoreCrypto prices
More
