21Shares to launch 21Shares Strategy Yield ETP on Euronext Amsterdam
PANews, February 25—According to GlobeNewswire, cryptocurrency ETP issuer 21Shares AG has announced the launch of the 21Shares Strategy Yield ETP (ticker: STRC NA) on Euronext Amsterdam, with official trading set to begin on February 26.
This product is 21Shares' first equity-linked ETP, with its underlying asset being the Series A perpetual preferred shares (STRC) issued by Strategy Inc. STRC aims to provide investors with high-yield cash flow through floating dividends, and these preferred shares rank above common stock in the capital structure. The product is designed to keep its trading price close to the $100 par value, and, through Strategy's bitcoin reserve policy, offers investors a structured investment tool that combines features of both traditional finance and digital assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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