DeFi Technology Lists Bitcoin Staking ETP on the London Stock Exchange

As the UK moves to ease regulations on digital assets, a new opportunity has opened up on the London Stock Exchange (LSE) for investors to profit from their Bitcoin holdings.
On the 18th (local time), Valour, a subsidiary of DeFi Technologies, announced in a statement released on the same day:
The company announced that it will list a Bitcoin staking exchange-traded product (ETP) on the London Stock Exchange. The product will offer an annual return of 1.4% and Bitcoin will be traded in cold storage.
The product will be stored in a secure storage system and security will be enhanced using multi-party computation (MCP) technology. Currently, the product is only available to institutional and professional investors, but the UK will open it to the general public from October 8th.
Investors will also be allowed to invest in cryptocurrency exchange-traded notes (ETNs), which means the ban on retail investors that has been in place since 2021 will be lifted.
However, the announcement did not clarify how the revenue will be generated.
It lists P, which uses a structure that generates revenue by entrusting coins to the Core Chain. The Core Chain is the same as Bitcoin's Proof of Work.
It is an EVM-compatible Layer 1 blockchain based on the PoW consensus mechanism. Following this news, DeFi Technologies' Nasdaq-listed stock price rose 5% and traded at
While Bitcoin itself does not generate staking income, centralized lending platform Stacks
Bitcoin Layer 2 networks like Babylon, or Bitcoin Wrapped
You can earn money by converting it to Bitcoin (WBTC) and participating in DeFi lending protocols.