The NYSE-listed BTYB allocates most of its assets to US Treasurys while using options strategies to provide weekly income and Bitcoin-linked exposure. VistaShares has launched BTYB, an actively managed exchange-traded fund (ETF) listed on the New York Stock Exchange that allocates most of its assets to US Treasurys while using options strategies to provide weekly income and Bitcoin-linked price exposure. According to the Tuesday announcement, the fund allocates about 80% of its portfolio to US Treasury securities and related instruments, with the remaining 20% tied to Bitcoin (BTC) price movements through a synthetic covered call strategy. Holdings data shows the fund’s Bitcoin-linked exposure comes from call options on BlackRock’s iShares Bitcoin Trust (IBIT). In this particular context, a synthetic covered call strategy uses derivatives to create Bitcoin price exposure and sells call (buy) options against that exposure to generate income, rather than holding Bitcoin directly. As a result, BTYB does not trac...
Pedro Sánchez announced that Spain would implement several changes to laws impacting social media platforms starting next week, with potential criminal liability for executives. Spain’s Prime Minister Pedro Sánchez said that the country plans to ban access to social media for children under the age of 16 and require platforms to implement age verification systems in a push to impose safety measures on what he called the “digital Wild West.” Speaking at the World Governments Summit in Dubai on Tuesday, Sánchez said Spain would require “real barriers that work” for platforms in an attempt to restrict minors’ access. According to the world leader, Spanish authorities planned to hold platform executives criminally liable for infringements related to not removing “illegal or hateful” content. “Today, our children are exposed to a space they were never meant to navigate alone,” said Sánchez. “Space of addiction, abuse, pornography, manipulation, violence. We will no longer accept that. We will protect them from the...
Bitcoin failed to attack $80,000 resistance as gold sought a $5,000 reclaim, while analysis argued that "crypto winter" began in January 2025. Bitcoin (BTC) returned to range-bound moves on Tuesday as gold returned near the key $5,000 mark. Key points: Bitcoin trades sideways as gold and silver attempt to reclaim prior losses. Read more
World Liberty launches a $3.4-billion stablecoin and lending platform, positioning it within onchain credit, collateralized loans and DeFi markets. World Liberty Financial has entered DeFi lending with the launch of World Liberty Markets, an onchain borrowing and lending platform built around its dollar-pegged stablecoin USD1. The platform uses smart contracts to manage lending terms, replacing centralized intermediaries with transparent and automated risk controls that are visible on the blockchain. USD1 plays a central role as the primary borrowing and settlement asset, allowing users to unlock liquidity from volatile holdings such as ETH or tokenized Bitcoin without selling those assets. Read more