From proving demand to institutional scale.
Thrilled to see LBTC pair Bitwise’s proven covered-call strategy with full DeFi utility.
Target 2.5% net APY in Bitcoin, real income, robust custody. The second chapter of yield-bearing Bitcoin is built for durability.
LBTC proved demand for yield-bearing Bitcoin. Today, we double down on that thesis.
LBTC is moving to institutional yield. @Bitwise will manage a covered-call options strategy with a 4.5-year legacy track record, to generate LBTC's yield, targeting 2.5% net APY paid in Bitcoin.
