Bitcoin infrastructure technology company Blockstream recently announced an important personnel change: the appointment of hedge fund veteran Sean Bill as Chief Investment Officer (CIO). This expert, who previously served as CIO at Prime Meridian Capital Management, will lead Blockstream's newly established asset management department.
Blockstream is developing two new products: a Bitcoin yield fund and a US dollar yield fund. The Bitcoin yield fund offers BTC holders features similar to money market funds, while the US dollar yield fund provides users with the opportunity to earn returns on Bitcoin collateralized loans. These innovative products may bring new choices and opportunities for investors.🔍📈