VistaShares Lists New ETF 'BTYB' Linked to U.S. Bonds and Bitcoin

On February 3, U.S. asset management company VistaShares announced the commencement of trading for the VistaShares BitBonds 5-Year Enhanced Weekly Option Income ETF (Ticker: BTYB) on the New York Stock Exchange. The company describes this ETF as having a structure unprecedented in the market. The BTYB portfolio consists of 80% in U.S. bonds, U.S. bond futures, and bond-type ETFs maturing in 3 to 7 years, with the remaining 20% providing exposure to Bitcoin price fluctuations through a synthetic covered call strategy. This actively managed option strategy aims to achieve twice the annual yield of 5-year bonds, with distributions...