Nomura’s Laser Digital rolls out yield-bearing Bitcoin fund
The fund targets institutional investors seeking returns beyond traditional long-only, “vanilla” Bitcoin exposure.
The digital asset arm of Nomura is launching a new yield-focused Bitcoin investment product, as asset managers look to offer institutional investors returns beyond simple price exposure.
Laser Digital is launching the Bitcoin Diversified Yield Fund (BDYF) to address a growing market demand for tokenized yield-driven funds over “vanilla long-only funds,” according to a Thursday announcement shared with Cointelegraph.
Unlike traditional long-only Bitcoin (BTC) funds, the new product seeks to produce income by deploying diversified strategies intended to generate yield while maintaining exposure to Bitcoin, according to Laser Digital.
