HedgeCo.Net — OranjeBTC’s Digital Yield ETF under ticker DIGY11 was marked as listed on Brazil’s B3 around September 15, giving local investors a product that holds preferred shares of U.S. Bitcoin-treasury companies rather than spot Bitcoin, according to CryptoBriefing and CryptoSlate. The fund follows a Brazilian-real-hedged MarketVector index of preferred equity issued by corporates with large Bitcoin balance sheets; disclosed early portfolio concentration included Strategy’s STRC preferred and Strive’s SATA preferred, with a cash/FX-hedge margin sleeve. CryptoBriefing named MarketVector (VanEck’s index arm), 3R Investimentos as asset manager, and Banco Daycoval and Itaú BBA among the partnership stack.
DIGY11 is explicitly not a spot Bitcoin tracker. Distributions and unit returns are not guaranteed on the product disclosures summarized by CryptoSlate; the fund charges a stated management fee (0.90% annually on that coverage) plus administration/custody costs, and OranjeBTC’s illustrative yield framing is presented as an estimate rather than a promise. Secondary trading was delayed from an earlier planned date at the manager’s request before the mid-September listing status update.
This is a listed preferred-share yield wrapper, not a Bitcoin ETP. Mark the B3 listing / DIGY11 ticker, the MarketVector BRL-hedged preferred index, the Strategy/Strive preferred exposure rather than spot BTC, the 3R / Daycoval / Itaú BBA stack, and the unguaranteed distribution language as sourced. Do not invent AUM beyond early figures on the product page tape or guarantee an 18% yield. The allocator object is a local-market income product linked to Bitcoin-treasury corporate preferreds with FX hedge.