The launch offers a new regulated venue for professional and institutional investors.
Valour Digital Securities, part of DeFi Technologies, has launched the London Stock Exchange's first Bitcoin Staking exchange-traded product (ETP), called 1Valour Bitcoin Physical Staking (1VBS). The move opens a new regulated route for professional and institutional investors to gain Bitcoin exposure, with a twist. The ETP is backed 1-to-1 with real Bitcoin, stored in institutional "cold storage" by a custodian named Copper. Investors also get a 1.4% annual yield through staking, with that yie