According to Odaily, Valour Inc, a subsidiary of DeFi Technologies, has partnered with Core Foundation to launch the first profitable Bitcoin (BTC) Exchange Traded Product (ETP) for German investors on the Frankfurt Stock Exchange. This ETP offers an investment opportunity in Bitcoin with a yield of 5.65%. The collaboration between Valour Inc. and Core Foundation aims to provide investors with a unique opportunity to invest in Bitcoin, a leading cryptocurrency, through a profitable ETP.
The ETP listed on the Frankfurt Stock Exchange is the first of its kind to be offered to German investors. It is said to offer a yield of 5.65%, making it a potentially profitable investment opportunity for those interested in the cryptocurrency market. This initiative is part of a broader effort by DeFi Technologies and its subsidiary Valour Inc. to expand its offering in the digital asset space and provide innovative investment products to its clients.
The launch of this Bitcoin ETP is an important step in the ongoing development of the cryptocurrency market. It not only offers investors a new way to invest in Bitcoin, but also contributes to the overall growth and development of the digital asset industry. The partnership between Valour Inc. and Core Foundation underscores their commitment to providing innovative and profitable investment opportunities in the cryptocurrency space.
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