Valour Introduces BTC Staking ETP for Nordic Investors

IconCNT15 May, 2024

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Valour Introduces BTC Staking ETP for Nordic Investors

**Valour Launches BTC Staking ETP for Nordic Investors** **Introduction** Valour, the Swiss subsidiary of crypto ETP issuer DeFi Technologies, has launched a Bitcoin Staking ETP, becoming the first of its kind globally. This product caters specifically to Nordic investors. **Mechanism and Benefits** The ETP allows investors to earn yield by staking their BTC through Core (CORE) validators on the Bitcoin-based EVM-compatible blockchain. Staked Bitcoin accumulates rewards in CORE, the native token of the Core blockchain, which are subsequently reinvested into the ETP. **Statement from DeFi Technologies CEO** "This ETP offers investors an innovative way to gain exposure to the potential returns of Bitcoin staking. Our goal is to provide accessible and regulated products that cater to the needs of Nordic investors," said Olivier Roussy Newton, CEO of DeFi Technologies. **Summary** Valour's BTC Staking ETP provides Nordic investors with an opportunity to earn passive income from their Bitcoin holdings, marking a significant development in the world of crypto ETPs. Previously on May 15, 2024: Valour announced the launch of a Bitcoin Staking ETP for Nordic investors, leveraging the Core blockchain for rewards in CORE.

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