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Binance launches BTC Yield, a BTC-based yield strategy product designed for BTC holders.
Odaily Odaily reported on July 7th that Binance announced the launch of a new advanced wealth management product, BTC Yield. BTC Yield is an open-ended yield strategy product denominated in BTC, designed for long-term holders who want to explore potential yield opportunities in Bitcoin without frequent market trading. BTC Yield is one of the first Bitcoin covered call option yield products launched by a mainstream cryptocurrency trading platform for both general and institutional users, demonstrating Binance's continued expansion from a trading platform into a broader financial super application. Shunyet Jan, Head of Exchange and Trading at Binance, said, “BTC Yield further enriches the product options Binance offers its users, allowing them to realize the value of digital assets in more ways. Covered call option strategies are quite mature in traditional financial markets, but direct participation by ordinary investors is usually quite difficult. BTC Yield simplifies this strategy, making it easier for Bitcoin holders who want to capture potential returns without frequent market trading to participate.” To celebrate the launch of BTC Yield, Binance Wealth Management is launching a limited-time promotion where eligible BTC Yield subscribers will have the chance to share a prize pool of 100,000 USDC.
Bloomberg analysts: June ETF market saw record-breaking data, with both inflows and new product launches exceeding expectations.
PANews reported on July 5th that Eric Balchunas, a senior ETF analyst at Bloomberg, analyzed that the ETF market experienced a "June SANITY" level performance in June, with many indicators approaching or breaking historical records. Data shows that net inflows into ETFs reached $191 billion that month, the second-highest monthly level on record, averaging approximately $9 billion per day, covering about 2,700 different funds. At the same time, the number of new ETF products launched in June reached 214, approximately 10 per day, significantly breaking historical records. Furthermore, the total trading volume of ETFs in June reached $7 trillion, the second-highest level on record. Eric Balchunas concluded that this series of data reflects a comprehensive explosion in the ETF market in terms of inflows, new product launches, and trading activity.
Binance Wealth Management launches U-Life, offering a maximum annualized yield of 8%.
Binance Wealth Management announced the launch of its U-Protected Earnings Flexible Savings product, running from July 4th 08:00 to July 18th 07:59 (UTC+8). During this period, users who subscribe to the U-Protected Earnings product can enjoy an annualized yield of up to 8%, including real-time annualized yield and tiered bonus annualized yield. Each user can subscribe to a maximum of 10,000 U.
New York Life's asset management division launches tokenized bond fund
According to Foresight News , citing CoinDesk, New York Life Investment Management, the asset management arm of New York Life Insurance Company, has partnered with Centrifuge to launch a tokenized U.S. high-yield corporate bond strategy. The fund, named NYLIM Anemoy U.S. High Yield Corporate Bond Isolated Portfolio (HYB), is the company's first tokenized investment product. Eligible investors will be able to subscribe to and redeem shares using USDC.
Fluid launches Fluid Lite USD, a stablecoin Vault product with fixed yields.
According to Foresight News , Fluid has launched Fluid Lite USD, a stablecoin fixed-yield Vault product, claiming a minimum annual yield of 6%, with historical data typically showing yields between 8% and 10%. Fluid Lite USD is already listed on Ethereum and supports cross-chain yield strategies, covering Arbitrum, Plasma, and Ethereum. Users can deposit USDC, and the Vault will generate yields through sUSDe, syrupUSDC, syrupUSDT, and sUSDai.
Zero One Things launches three "AI-powered decision-making" products
According to Mars Finance, on July 7, 01wx announced the launch of three "AI for First-Position Decision-Making": Boss AI, Sales Champion AI, and Investment Officer AI, targeting the top management, top sales, and top investors, respectively.