Core Insights - Fineqia International's Bitcoin Yield ETP product, YBTC, has quickly gained traction, surpassing C$14.9 million in assets under management due to high demand for bitcoin, Europe's regulatory framework, and institutional interest in passive income products [1][2][5] Market Demand and Trends - There is a significant demand for bitcoin, with companies emulating MicroStrategy's strategy of holding bitcoin as a long-term asset [2][4] - In 2022, approximately $35 billion flowed into bitcoin-based ETFs, marking an unprecedented interest in the ETF market [3][4] - Europe leads in the crypto ETF space, with around 60% of crypto-based ETFs and ETPs located there, totaling about $17.5 billion in assets under management [4][5] Institutional Interest - Surveys indicate that 70% of institutions are interested in digital asset-based products that provide passive income, with many looking to increase their allocations to digital assets in the coming year [5][6] - YBTC targets a 6% annual yield through DeFi lending and liquidity provisioning, appealing to institutional investors seeking consistent returns [6][10] Competitive Advantage - YBTC differentiates itself by offering yield from on-chain activities, unlike most competitors that do not provide yield or cap upside through covered call strategies [8][10] - The product aims to bridge the gap between pure bitcoin appreciation and yield generation, providing both benefits to investors [10] Future Developments - Fineqia is exploring additional products and coins with similar yield strategies, tapping into the growing digital asset treasury space [11][12] - The company is considering listings on various European exchanges, including Euronext, to expand its market reach [14][16]