Valour Launches Bitcoin Staking ETP on London Stock Exchange
- Valour Digital Securities debuted its bitcoin staking exchange-traded product (ETP) on the London Stock Exchange, priced at BTC$115,596.31.
- The 1Valour Bitcoin Physical Staking (1VBS) product offers a staking yield of 1.4% annually.
- This product has been available on Deutsche Börse’s Xetra platform since November and now trades across multiple European exchanges.
- Each share is backed by bitcoin held in cold storage by Copper, ensuring a secure investment.
- Access to the new London-listed ETP is currently limited to professional investors under U.K. regulations.
- Retail investors will gain access to crypto exchange-traded notes (ETNs) starting October under Financial Conduct Authority (FCA) rules.
The launch of the bitcoin staking ETP marks an expansion for Valour Digital Securities beyond mainland Europe, offering institutional investors a new avenue for exposure to bitcoin. The product’s unique staking yield enhances its attractiveness in the evolving cryptocurrency market.
With a backing of bitcoin held in cold storage and an annual yield of up to 1.4%, this innovative ETP aims to provide secure investment options for professionals in the sector.
