Valor collaborates with Core Foundation to launch a yield Bitcoin ETP, offering a 5.65% yield

ChainCatcher news, DeFi Technologies subsidiary Valor has partnered with Core Foundation to launch a yield Bitcoin (BTC) ETP, providing investors with a Bitcoin investment opportunity with a yield of 5.65% and a management fee of 1.9%. The Valor Bitcoin Staking (BTC) SEK ETP generates returns by delegating Bitcoin to validators on the Core chain through non-custodial, native Bitcoin staking. The staked Bitcoin earns staking rewards in the form of CORE tokens, which are then reinvested into the product.