BUSINESSCOINDESK
Binance taps into Bitcoin holders’ hunger for yield with new covered call yield play
Binance has introduced a new covered call yield strategy targeting Bitcoin holders seeking higher returns. The initiative leverages Bitcoin's popularity and demand for yield-generating opportunities.
Related Signal
Adjacent reporting
- Kraken unveils Bitcoin Vault, expanding yield push for BTC holders
- BlackRock launches new Bitcoin ETF that generates income using a covered call strategy
- Kraken expands Earn suite with Bitcoin Vault paying yield on BTC holdings
- Crypto Long & Short: In quiet crypto markets, yield is the trade
- Tom Lee's Bitmine borrows a page from Saylor's playbook to offer 9.5% yield in preferred stocks