VistaShares launches US Treasury-based BTC exposure ETF

U.S. ETF manager VistaShares has launched an active ETF, BTYB, that provides returns linked to the price of Bitcoin while investing in U.S. Treasury bonds, Cointelegraph reported. The fund allocates about 80% of its assets to U.S. Treasurys and related financial products, with the remaining 20% used for Bitcoin investment through option strategies. Its Bitcoin exposure is based on call options for BlackRock's IBIT. The BTYB ETF is listed on the New York Stock Exchange.