Brazil’s largest bitcoin treasury firm is preparing an exchange-traded fund that would dedicate 95% of its portfolio to Strategy’s STRC, according to CoinDesk.
The proposed product, called DIGY11, is designed to pay annual distributions aimed at matching Brazil’s interbank rate plus 3 to 5 percentage points, after costs. The filing or structure details were not fully disclosed in the available information, and investor returns would not be guaranteed.
The plan adds another layer to the growing intersection between crypto treasury strategies and traditional market wrappers. By anchoring most of the fund to STRC, the ETF would appear to channel exposure to a single instrument rather than a diversified basket. That structure may appeal to investors seeking a regulated vehicle with a defined income target, but it also concentrates risk.
Strategy, the bitcoin-focused company formerly known as MicroStrategy, has become one of the most closely watched names in crypto-linked capital markets. Its securities and treasury strategy are often treated as a proxy for bitcoin exposure, though the relationship between the company, its instruments and the underlying asset can be complex. The CoinDesk report did not provide additional details on how DIGY11 would manage liquidity, rebalancing or distribution mechanics.
The reference rate in the fund’s target suggests an explicitly local framing for Brazilian investors. Linking payouts to the interbank rate plus a spread may make the product easier to benchmark in domestic markets, but the reported target should not be read as a promise. As with many yield-oriented products, actual distributions would depend on portfolio performance and costs.
The move also underscores continued interest in products that blend crypto exposure with income-style features. Still, the available metadata leaves several open questions, including timing, approval status and whether the fund will proceed as described.
CoinDesk reported the plan on Aug. 13, 2026.
