A new Bitcoin exchange-traded product (ETP) that aims to generate returns from decentralized finance (DeFi) markets has been launched by Fineqia on July 1, 2025, at the Vienna Stock Exchange.

The Fineqia Bitcoin Yield ETP (YBTC) seeks to provide a 6% annual yield through investments in DeFi strategies using Bitcoin. The product allows for in-kind transfers, enabling Bitcoin holders to contribute without needing to convert it to cash, thus avoiding taxes upon conversion.

In a growth phase, Bitcoin ETPs have managed $150 billion in assets in the past year. Unlike existing crypto yield ETPs that depend on derivatives or structured notes, YBTC offers direct exposure to Bitcoin while generating yields through DeFi protocols.

“This allows investors to accumulate more Bitcoin while retaining their holdings, combining long-term investment with the benefits of compounding returns,” stated Fineqia’s CEO.

Additionally, the ETP supports contributions directly in Bitcoin, making it appealing as interest in crypto investments surges. This ETP brings traditional investment methods to crypto enthusiasts, enabling them to access digital assets through familiar brokerage channels without dealing with crypto wallets.