VistaShares introduced BTYB on the New York Stock Exchange and positioned it as a new structure that pairs US Treasurys with Bitcoin-linked income. The fund targets enhanced weekly distributions through an active options framework and blends fixed-income exposure with constrained digital-asset participation. BTYB enters a busy ETF field yet presents a format not previously offered in the United States.
BTYB allocates most assets to US Treasury securities that fall within a three-to-seven-year maturity range under its active mandate. The structure uses the remaining portion to create Bitcoin price exposure through a synthetic covered call approach that relies on derivatives. BTYB limits potential upside from Bitcoin movements because the strategy sells calls for steady option premiums.
The ETF sources its Bitcoin-linked component from call options tied to the iShares Bitcoin Trust and maintains indirect exposure rather than physical holdings. This method allows BTYB to generate regular weekly income while maintaining a defined risk profile across multiple market conditions. The strategy aims for a yield that generally targets twice the five-year Treasury rate.
VistaShares designed BTYB to function as a multi-purpose tool that merges duration with an income overlay and controlled digital-asset sensitivity. The ETF structure emphasizes consistent distributions and systematic risk management within its hybrid design. BTYB seeks to offer a distinct blend of fixed-income stability and moderated Bitcoin participation.
Recent activity across US exchanges shows rising use of hybrid crypto strategies that combine digital assets with other themes. Firms expanded beyond single-token exposure and adopted broader structures that track multiple cryptocurrencies or integrate balanced risk methods. BTYB enters this segment as more issuers refine formats that reduce volatility while maintaining themed exposure.
Several approved index-based products now hold Bitcoin and Ether together and track established crypto benchmarks under regulated frameworks. Additional launches introduced diversified baskets that include assets such as XRP, Solana and Stellar across equal-weighted structures. New thematic funds integrated Bitcoin with metals and mining themes to address macroeconomic concerns.
This broader trend reflects demand for adaptable ETF formats th4UH7at incorporate digital-asset links within defined boundaries. BTYB aligns with this shift because it merges Treasurys with an income-driven Bitcoin overlay rather than isolated spot exposure. BTYB broadens the landscape with a structure engineered for controlled participation and steady weekly payouts.
VistaShares continues building a portfolio centered on active strategies that combine thematic exposures with income mechanisms. The firm previously advanced option-powered products that delivered targeted payouts across concentrated equity themes. Now BTYB extends that approach into fixed income and digital assets through a disciplined overlay.
The company positioned BTYB as an accessible single-ticker format that compresses multiple exposures into one structure. It intends to highlight the ETF’s mechanical design while outlining its weekly distribution process across market cycles. The issuer plans more products that apply similar engineering to additional sectors and blends.
VistaShares aims to capture growing interest in products that unite income generation with balanced exposure to evolving market themes. BTYB stands as the firm’s first ETF to join Treasurys with Bitcoin-linked options in an active and repeatable structure. Consequently, BTYB marks a notable expansion of hybrid ETF design in the United States.
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