Production / Operations
Fineqia Cross-Lists Bitcoin Yield ETP (YBTC) and FTSE Cardano Enhanced Yield ETN (YADA) on gettex
FNQ · Price
Executive Summary
- Fineqia International Inc. announced the cross‑listing of its Bitcoin Yield ETP (YBTC) and FTSE Cardano Enhanced Yield ETN (YADA) on gettex, the Munich Stock Exchange trading venue.
- The additional German venue expands European market access for both products, complementing existing listings and supporting Fineqia’s strategy to broaden institutional exposure to digital‑asset yields.
- gettex reported strong H1 2025 growth (53% YoY increase in orders, 71% rise in turnover), underscoring the relevance of the new listing for market participants.
Key Details
- Products Cross‑Listed:
- Bitcoin Yield ETP – Ticker YBTC, ISIN LI1444931821
- FTSE Cardano Enhanced Yield ETN – Ticker YADA, ISIN LI1408648106
- Venue: gettex, operated by Bayerische Börse AG (Munich Stock Exchange).
- Purpose: Provide investors with regulated exchange access to Bitcoin and Cardano DeFi yield products; reduce friction between institutional capital and digital‑asset opportunities.
- Market Context: In H1 2025, gettex saw a 53% YoY increase in order flow and a 71% rise in total turnover across all asset classes; structured‑securities turnover grew 76% versus 2024.
- Product Descriptions:
- YADA – Exchange‑traded exposure to Cardano (ADA) with variable yield generated from DeFi activity on the Cardano network.
- YBTC – Exchange‑traded exposure to Bitcoin (BTC) with variable yield generated from DeFi activity on the Bitcoin network.
- Strategic Fit: The cross‑listing is part of Fineqia’s ongoing expansion of its European exchange presence, adding another venue for its crypto‑asset‑backed ETPs/ETNs.
- Quote: “Investors can now access Bitcoin yield and Cardano DeFi returns through the same regulated exchange infrastructure they use for traditional securities… removing friction between institutional capital and digital asset opportunities,” – CFO Warren Sergeant.
Notable Quotes
- Warren Sergeant, CFO: “Investors can now access Bitcoin yield and Cardano DeFi returns through the same regulated exchange infrastructure they use for traditional securities. That's the entire point of what we've built at Fineqia – removing friction between institutional capital and digital asset opportunities.”