Overview
- Valour’s 1Valour Bitcoin Physical Staking (1VBS) ETP began trading on the London Stock Exchange Main Market with ISIN GB00BRBV3124.
- Each share is backed 1:1 by Bitcoin held in Copper’s institutional cold storage secured with multi‑party computation technology.
- The stated 1.4% annual staking yield is credited to end‑of‑day NAV, and the product publishes NAV and Bitcoin entitlements daily.
- The ETP is offered in GBP on the LSE and in EUR on Xetra, targeting professional and institutional investors.
- Valour describes it as the first Bitcoin staking ETP on the LSE as the UK prepares updated crypto rules; CoinCentral reports retail access to such products resumes on Oct. 8 and notes DeFi Technologies’ shares rose about 5% after the announcement.