21Shares will launch its 21Shares Strategy Yield ETP on Euronext Amsterdam.

PANews reported on February 25 that, according to GlobeNewswire, cryptocurrency ETP issuer 21Shares AG announced the launch of the 21shares Strategy Yield ETP (ticker symbol: STRC NA) on the Euronext Amsterdam exchange, with trading scheduled to begin on February 26.

This product is 21Shares' first equity-linked ETP, with its underlying asset being Series A perpetual preferred stock (STRC) issued by Strategy Inc. STRC aims to provide investors with high-yield cash flow through floating dividends, and this preferred stock has a superior capital structure compared to common stock. The product is designed to trade at a price close to its $100 par value, leveraging Strategy's Bitcoin reserve policy to provide investors with a structured investment tool that combines features of traditional finance and digital assets.