Bitcoin Yield: Glassnode Maps Four Institutional Strategies
The report compares four routes to yield while examining what each pays across a cycle, where its risks sit and what investors give up.
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The report compares four routes to yield while examining what each pays across a cycle, where its risks sit and what investors give up.
The vault targets 1.5% to 2% annual yield with a $250,000 minimum, and the $10 million first-loss commitment signals how seriously Two Prime is betting its own balance sheet on onchain bitcoin credit.
Self-custodial BTC time-locked on Bitcoin's base layer is the structural pitch, but the ~3% target yield is paid in STX and rides on Stacks miner economics, not a clean native return.
The move intensifies a race among DeFi vaults, BlackRock's new income ETF and Metaplanet's Japan push, while underscoring that Bitcoin yield still has to come from somewhere.
Kraken has expanded its Earn suite with a new Bitcoin Vault product, giving users a way to generate yield directly on…
The yield wrapper is powered by Veda and Sentora and routes deposits into Aave and Morpho — Kraken's bet that post-2022 centralized lending skepticism can be blunted with transparent onchain…
The buyback lifts 2026 BTC yield to 13.3% and trims total debt to $6.7B — but a zero-buy week breaks the company's 12-week accumulation streak and turns the focus to capital structure over…
The 9.4% headline yield is the draw, but the more structural beat is the language: BPS as "True North" and daily multivariate capital models are now the thesis in plain text.