According to Odaily, Valour Inc., a subsidiary of DeFi Technologies, has partnered with Core Foundation to introduce the first profitable Bitcoin (BTC) Exchange Traded Product (ETP) to German investors on the Frankfurt Stock Exchange. This ETP offers an investment opportunity in Bitcoin with a return rate 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 introduced to German investors. It is designed to provide a return rate 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 their offerings in the digital asset space and provide innovative investment products to their clients.
The launch of this Bitcoin ETP is a significant step in the ongoing evolution of the cryptocurrency market. It not only provides investors with 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.