Bitcoin Transforms from Passive Asset to Productive Capital
- Over $7 billion worth of Bitcoin now earns onchain yield through various protocols.
- Sovereign reserves include Bitcoin, with El Salvador holding BTC in its national treasury.
- Spot exchange-traded funds (ETFs) currently hold over 1.26 million BTC, accounting for more than 6% of the total supply.
- Public miners are increasingly allocating BTC into staking and yield strategies instead of selling their assets.
- New protocol layers allow holders to earn yield without compromising custody or moving Bitcoin across chains.
The shift in Bitcoin’s role from a passive asset to a productive one is reshaping how institutions manage capital and assess risk. As it begins to generate returns while maintaining custody, the need for a standardized benchmark for measuring Bitcoin yield becomes critical.
This evolution signifies that Bitcoin is no longer just a store of value but is becoming integral to treasury management strategies, as evidenced by the over $7 billion earning onchain yields.(Source)
