VistaShares launches treasury ETF providing Bitcoin-linked exposure through options

VistaShares recently introduced BTYB, an actively managed exchange-traded fund listed on the New York Stock Exchange. The fund allocates approximately 80% of its assets to US Treasurys and the remaining 20% to Bitcoin-related assets through a synthetic covered call strategy.

The fund aims to achieve weekly income distributions motivated by Bitcoin market movements while targeting double the yield of five-year Treasurys. Distributions, however, may fluctuate weekly based on market conditions and interest rates.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts