Blockstream launches two Bitcoin investment funds
Institutional demand for high-yield Bitcoin funds is growing following the successful launch of BTC ETFs.
Blockchain development firm Blockstream has launched two institutional investment funds that provide direct exposure to the company’s Bitcoin ecosystem, giving investors the ability to earn yields on Bitcoin-backed loans and other revenue streams.
In a Jan. 23 announcement, Blockstream debuted its new asset management business, unveiling the Blockstream Income Fund and the Blockstream Alpha Fund, which are set to launch in the first quarter of this year.
The Blockchain Income Fund is designed to pay US dollar-denominated yield by lending against Bitcoin (BTC) collateral from across Blockstream’s network of Bitcoin-native startups and businesses with digital asset treasuries. The fund is focused on loans between $100,000 and $5 million.
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Author: Sam Bourgi
