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21Shares to Launch Strategy Yield ETP Focused on Bitcoin Treasury Firms

According to 21Shares AG, its first equity-linked ETP backed by Strategy Inc.’s perpetual preferred shares will list on Euronext Amsterdam on February 26, blending traditional finance with Bitcoin reserves.

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Summary

21Shares AG announced the upcoming launch of its Strategy Yield ETP (STRC NA) on Euronext Amsterdam, starting trading February 26. This marks the firm’s first equity-linked ETP, backed by Strategy Inc.'s Series A perpetual preferred shares and designed to combine traditional financial structures with Bitcoin reserves. The product offers investors exposure to companies integrating Bitcoin into their corporate reserves while leveraging the stability of equity-linked instruments.

Terms & Concepts
  • ETP (Exchange-Traded Product): A security traded on stock exchanges that derives value from underlying assets such as commodities, currencies, or cryptocurrencies.
  • Perpetual Preferred Shares: A type of preferred stock with no maturity date, offering fixed dividends and priority over common stock in earnings and asset distribution.
  • Bitcoin Reserves: Holdings of Bitcoin maintained by individuals, institutions, or companies as part of their asset portfolios or treasury strategies.