According to CoinMeta, and as reported by livecoins, Brazilian Bitcoin treasury company OranjeBTC has announced the launch of a digital yield product ETF ( DIGY11 ), which is scheduled to be listed on the B3 exchange in early September. The initial portfolio of this ETF includes Strategy's STRC and Strive's SATA. It features monthly distributions in reais and provides currency exchange rate hedging as well as daily liquidity. Based on current market conditions, the fund is expected to offer an annualized distribution rate of about 3% to 5% on top of Brazil's CDI interest rate. This ETF does not directly hold BTC.