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...
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
Xapo Bank’s Digital Wealth Report says borrowers are keeping Bitcoin-backed loans open longer during the product’s first year of activity. Bitcoin-backed borrowing at the Gibraltar-based Xapo Bank is increasingly being used for long-term financial planning rather than short-term liquidity, according to the bank’s 2025 Digital Wealth Report. Shared with Cointelegraph, the report says 52% of the Bitcoin-backed loans issued by Xapo in 2025 carried a 365-day term, with many of those loans remaining open even as new loan creation slowed later in the year. The bank, which primarily caters to high-net-worth individuals and private clients, said the trend reflects members using Bitcoin as collateral to unlock liquidity while preserving long-term exposure, rather than tapping loans for temporary cash needs. Read more
Bitcoin price correlation with PMI sparked disagreement among analysts after the latter spiked above 50 for the first time since 2022. Bitcoin (BTC) may be set to gain from new macro tailwinds as US macro data sets up a “reflation” trade. Key points: US ISM PMI data for January breaks nearly three years of contraction. Read more
The return of spot Bitcoin ETF inflows could fuel a Bitcoin price recovery, as signs of a potential rebound to $80,000 and $85,000 emerge. Bitcoin (BTC) traded 5.5% above its nine-month low of $74,500 reached on Monday amid hopes of a rebound toward $85,000. Key takeaways: A “squeeze” toward $85,000 is in play as Bitcoin rebounds from multimonth lows. Read more
Bitcoin flashed a major discount signal after capital outflows increased following BTC’s abrupt drop below $75,000. Historical data now points to a potential 10% rebound rally in the short-term. Bitcoin (BTC) price fell to a year-to-date low of $74,555 on Monday, marking a 40% drawdown from its all-time high. The move coincided with $1.3 billion in net outflows from the global Bitcoin exchange-traded products (ETPs) last week. This drawdown coincided with extreme bearish sentiment and low valuation metrics, but the silver lining could be analysts’ view that a potential asymmetric trade setup is in the works. Key takeaways: Read more
Data suggests Bitcoin is unlikely to fall further than its year-to-date low of $74,680. Cointelegraph explains why. Key takeaways: Bitcoin fell to $74,680 after futures market liquidations, yet derivatives data show no signs of panic or extreme bearishness. Spot Bitcoin ETF outflows reached $3.2 billion, but represent less than 3% of assets under management. Read more
Bitcoin printed its fourth red monthly candle in a row as BTC price dropped below $80,000, with traders dismissing the bull market returning. Bitcoin (BTC) fought to avoid a fresh price dive at Monday’s Wall Street open as traders increasingly gave up on the bull market. Key points: Many Bitcoin market commentators no longer see the return of the bull market. Read more
Warsh’s nomination as the new Fed chair has ignited US liquidity drought concerns, but his interest rate policy may hold the silver lining for risk asset recovery, according to market analysts. US President Donald Trump has nominated former Federal Reserve governor Kevin Warsh to lead the US central bank, a move that has sent mixed signals for cryptocurrency markets and US dollar liquidity, according to market analysts. Trump nominated Bitcoin-friendly Warsh on Friday, and he is set to replace Jerome Powell when his term ends in May, assuming the Senate approves him. Warsh's nomination could mean the Fed will continue its interest rate cut trajectory. But according to Thomas Perfumo, a global economist at cryptocurrency exchange Kraken, it also signals that broader market liquidity is expected to “stabilize rather than meaningfully expand.” Read more
Binance kicked off its $1 billion SAFU conversion into Bitcoin with a $100 million purchase, shifting its user protection fund out of stablecoins and into BTC. Crypto exchange Binance bought its first 1,315 Bitcoin as part of its conversion plan for the Secure Asset Fund for Users (SAFU). The Bitcoin (BTC), worth $101 million, was bought for an average price of $77,409.89 per coin, according to data from Blockchain.com. Binance said it expects to shift the rest of SAFU’s $1B from stablecoins to Bitcoin within the next 27 days. A Binance spokesperson told Cointelegraph on Friday that the SAFU fund will continue to be used as a backstop for users in the event of extreme incidents or losses. Read more