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.
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