Latest news with #BitcoinYield
Finextra
a day ago
- Business
- Finextra
Arab Bank Switzerland to launch yield-bearing bitcoin product wor HNW clients
XBTO, a global leader in institutional digital asset management, today announced a strategic partnership with Arab Bank Switzerland that will enable the Swiss private bank to launch a sophisticated Bitcoin yield product for its wealth management clients. 0 The collaboration leverages XBTO's proprietary "Diamond Hands" strategy to provide Arab Bank Switzerland's clientele with an actively managed approach to generating yield on their Bitcoin holdings. The partnership addresses growing client demand for yield-generating cryptocurrency products within a comprehensive regulatory framework and institutional oversight structure. This offering will be branded as an "Arab Bank Switzerland product powered by XBTO," preserving established client relationships while expanding investment capabilities through proven institutional digital asset management expertise. "Today's announcement marks a significant milestone in our strategy to work with leading traditional financial institutions," said Karl Naim, Chief Commercial Officer and General Manager for UAE at XBTO. "Arab Bank Switzerland's six-year digital asset infrastructure development, combined with direct client demand for Bitcoin yield products, created the perfect foundation for this collaboration." Arab Bank Switzerland, which has offered Bitcoin custody services through its partnership with Taurus since 2019, identified a specific gap in their digital asset offerings. While the bank provided custody and loan-to-value lending against Bitcoin, high-net-worth clients specifically requested active yield-generating opportunities. "We have seen growing demand from our wealth management clients for ways to generate yield on their Bitcoin holdings within a properly managed risk framework," said Romain Braud, Head of Digital Assets at Arab Bank Switzerland. "This collaboration will position Arab Bank Switzerland as the first traditional Swiss private bank to offer an integrated, bank-branded Bitcoin yield product,while maintaining the personal relationship and fiduciary care clients expect from private banking.' XBTO's "Diamond Hands" strategy employs an options-based methodology designed to generate yield while strategically accumulating Bitcoin during market opportunities. The approach uses existing Bitcoin holdings as collateral for options transactions, generating premiums while positioning for accumulation during market pullbacks. "The maturation of institutional digital asset demand requires sophisticated solutions that go beyond simple exposure," said Javier Rodriguez-Alarcon, Chief Investment Officer and Head of Asset Management at XBTO. "This partnership demonstrates how established wealth managers can integrate crypto solutions while maintaining fiduciary responsibility through rigorous risk management and institutional oversight. Our approach prioritizes capital preservation and consistent yield generation over speculative trading." The collaboration sets a precedent for traditional financial institutions seeking to offer structured, compliant cryptocurrency products within existing client relationships rather than directing clients to external providers. With regulatory frameworks maturing and institutional demand accelerating globally, this partnership is expected to serve as a model to drive similar collaborations across the wealth management sector, positioning both firms at the forefront of the digital asset integration into traditional finance.
Zawya
a day ago
- Business
- Zawya
XBTO partners with Arab Bank Switzerland to launch innovative Bitcoin yield product
GENEVA, SWITZERLAND – X BTO, a global leader in institutional digital asset management, today announced a strategic partnership with Arab Bank Switzerland that will enable the Swiss private bank to launch a sophisticated Bitcoin yield product for its wealth management clients. The collaboration leverages XBTO's proprietary "Diamond Hands" strategy to provide Arab Bank Switzerland's clientele with an actively managed approach to generating yield on their Bitcoin holdings. The partnership addresses growing client demand for yield-generating cryptocurrency products within a comprehensive regulatory framework and institutional oversight structure. This offering will be branded as an "Arab Bank Switzerland product powered by XBTO," preserving established client relationships while expanding investment capabilities through proven institutional digital asset management expertise. "Today's announcement marks a significant milestone in our strategy to work with leading traditional financial institutions," said Karl Naim, Chief Commercial Officer and General Manager for UAE at XBTO. "Arab Bank Switzerland's six-year digital asset infrastructure development, combined with direct client demand for Bitcoin yield products, created the perfect foundation for this collaboration." Arab Bank Switzerland, which has offered Bitcoin custody services through its partnership with Taurus since 2019, identified a specific gap in their digital asset offerings. While the bank provided custody and loan-to-value lending against Bitcoin, high-net-worth clients specifically requested active yield-generating opportunities. "We have seen growing demand from our wealth management clients for ways to generate yield on their Bitcoin holdings within a properly managed risk framework," said Romain Braud, Head of Digital Assets at Arab Bank Switzerland. "This collaboration will position Arab Bank Switzerland as the first traditional Swiss private bank to offer an integrated, bank-branded Bitcoin yield product,while maintaining the personal relationship and fiduciary care clients expect from private banking.' XBTO's "Diamond Hands" strategy employs an options-based methodology designed to generate yield while strategically accumulating Bitcoin during market opportunities. The approach uses existing Bitcoin holdings as collateral for options transactions, generating premiums while positioning for accumulation during market pullbacks. "The maturation of institutional digital asset demand requires sophisticated solutions that go beyond simple exposure," said Javier Rodriguez-Alarcon, Chief Investment Officer and Head of Asset Management at XBTO. "This partnership demonstrates how established wealth managers can integrate crypto solutions while maintaining fiduciary responsibility through rigorous risk management and institutional oversight. Our approach prioritizes capital preservation and consistent yield generation over speculative trading." The collaboration sets a precedent for traditional financial institutions seeking to offer structured, compliant cryptocurrency products within existing client relationships rather than directing clients to external providers. With regulatory frameworks maturing and institutional demand accelerating globally, this partnership is expected to serve as a model to drive similar collaborations across the wealth management sector, positioning both firms at the forefront of the digital asset integration into traditional finance. Media Contacts For XBTO: Athraa Bheekoo Luna PR athraa@ For Arab Bank Switzerland: Barbara Mahe, Consultancy32: Lina Lahlou, Consultancy32: About XBTO From asset management to capital markets, XBTO helps clients capture opportunities in the age of digital assets. Founded in 2015 as a proprietary trading firm, XBTO built its foundation through nearly a decade of active participation in digital asset markets. Since 2023, XBTO has expanded into a full-service crypto quantitative investment firm. With a strong focus on Bitcoin, XBTO delivers risk-adjusted strategies across the alpha–beta continuum designed to perform across market cycles and regulatory environments. With decades of experience earned at the world's leading financial institutions and deep expertise in digital markets, XBTO brings a rare combination of financial discipline and digital-native insight. XBTO operates under robust regulatory oversight, with operating entities regulated by the Bermuda Monetary Authority and the Financial Services Regulatory Authority in Abu Dhabi. It operates from key financial hubs including Bermuda, New York, Miami, London, Paris, and Abu Dhabi. About Arab Bank (Switzerland) Ltd. Arab Bank (Switzerland) Ltd. was established in Switzerland in 1962 and serves as a bridge between the Middle East and the West. For more than 60 years, the Bank has been a trusted partner of established businesses, high net worth individuals and ambitious entrepreneurs with close ties in the MENA region. It is the independent sister company of Arab Bank Plc, one of the largest banks in the Middle East.
Yahoo
27-05-2025
- Business
- Yahoo
Purpose Investments Inc. Announces May 2025 Distributions
TORONTO, May 20, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ('Purpose') is pleased to announce distributions for the month of May 2025 for its open-end exchange traded funds and closed-end funds ('the Funds'). The ex-distribution date for all Open-End Funds is May 28, 2025. The ex-distribution date for all closed-end funds is May 30, 2025. Open-End Funds TickerSymbol Distributionper share/unit RecordDate PayableDate DistributionFrequency Apple (AAPL) Yield Shares Purpose ETF - ETF Units APLY $0.1667 05/28/2025 06/03/2025 Monthly Purpose Canadian Financial Income Fund - ETF Series BNC $0.1225¹ 05/28/2025 06/03/2025 Monthly Berkshire Hathaway (BRK) Yield Shares Purpose ETF - ETF Units BRKY $0.1000 05/28/2025 06/03/2025 Monthly Purpose Bitcoin Yield ETF - ETF Units BTCY $0.0850 05/28/2025 06/03/2025 Monthly Purpose Bitcoin Yield ETF - ETF Non-Currency Hedged Units BTCY.B $0.0970 05/28/2025 06/03/2025 Monthly Purpose Bitcoin Yield ETF - ETF USD Units BTCY.U US $0.0815 05/28/2025 06/03/2025 Monthly Purpose Credit Opportunities Fund - ETF Units CROP $0.0875 05/28/2025 06/03/2025 Monthly Purpose Credit Opportunities Fund - ETF USD Units CROP.U US $0.0975 05/28/2025 06/03/2025 Monthly Purpose Ether Yield - ETF Units ETHY $0.0405 05/28/2025 06/03/2025 Monthly Purpose Ether Yield ETF - ETF Non-Currency Hedged Units ETHY.B $0.0500 05/28/2025 06/03/2025 Monthly Purpose Ether Yield ETF - ETF Units Non-Currency Hedged USD Units ETHY.U US $0.0395 05/28/2025 06/03/2025 Monthly Purpose Global Flexible Credit Fund - ETF Units FLX $0.0461 05/28/2025 06/03/2025 Monthly Purpose Global Flexible Credit Fund - Non-Currency Hedged - ETF Units FLX.B $0.0551 05/28/2025 06/03/2025 Monthly Purpose Global Flexible Credit Fund - Non-Currency Hedged USD - ETF Units FLX.U US $0.0385 05/28/2025 06/03/2025 Monthly Purpose Global Bond Class - ETF Units IGB $0.0860¹ 05/28/2025 06/03/2025 Monthly Microsoft (MSFT) Yield Shares Purpose ETF - ETF units MSFY $0.1100 05/28/2025 06/03/2025 Monthly Purpose Enhanced Premium Yield Fund - ETF Series PAYF $0.1375¹ 05/28/2025 06/03/2025 Monthly Purpose Total Return Bond Fund - ETF Series PBD $0.0590¹ 05/28/2025 06/03/2025 Monthly Purpose Core Dividend Fund - ETF Series PDF $0.1050¹ 05/28/2025 06/03/2025 Monthly Purpose Enhanced Dividend Fund - ETF Series PDIV $0.0950¹ 05/28/2025 06/03/2025 Monthly Purpose Real Estate Income Fund - ETF Series PHR $0.0720¹ 05/28/2025 06/03/2025 Monthly Purpose International Dividend Fund - ETF Series PID $0.0780 05/28/2025 06/03/2025 Monthly Purpose Monthly Income Fund - ETF Series PIN $0.0830¹ 05/28/2025 06/03/2025 Monthly Purpose Multi-Asset Income Fund - ETF Units PINC $0.0840 05/28/2025 06/03/2025 Monthly Purpose Conservative Income Fund - ETF Series PRP $0.0600¹ 05/28/2025 06/03/2025 Monthly Purpose Premium Yield Fund - ETF Series PYF $0.1100¹ 05/28/2025 06/03/2025 Monthly Purpose Premium Yield Fund Non-Currency Hedged - ETF Series PYF.B $0.1230¹ 05/28/2025 06/03/2025 Monthly Purpose Premium Yield Fund Non-Currency Hedged - ETF USD Series PYF.U US $0.1200¹ 05/28/2025 06/03/2025 Monthly Purpose Core Equity Income Fund - ETF Series RDE $0.0875¹ 05/28/2025 06/03/2025 Monthly Purpose Emerging Markets Dividend Fund - ETF Units REM $0.0950 05/28/2025 06/03/2025 Monthly Purpose Canadian Preferred Share Fund - ETF Units RPS $0.0950 05/28/2025 06/03/2025 Monthly Purpose US Preferred Share Fund - ETF Series RPU $0.0940 05/28/2025 06/03/2025 Monthly Purpose US Preferred Share Fund Non-Currency Hedged - ETF Units2 RPU.B / RPU.U $0.0940 05/28/2025 06/03/2025 Monthly Purpose Strategic Yield Fund - ETF Units SYLD $0.0970 05/28/2025 06/03/2025 Monthly AMD (AMD) Yield Shares Purpose ETF - ETF Series YAMD $0.2000 05/28/2025 06/03/2025 Monthly Amazon (AMZN) Yield Shares Purpose ETF- ETF Units YAMZ $0.4000 05/28/2025 06/03/2025 Monthly Broadcom (AVGO) Yield Shares Purpose ETF - ETF Series YAVG $0.1500 05/28/2025 06/03/2025 Monthly Coinbase (COIN) Yield Shares Purpose ETF - ETF Series YCON $0.3000 05/28/2025 06/03/2025 Monthly Costco (COST) Yield Shares Purpose ETF - ETF Series YCST $0.1000 05/28/2025 06/03/2025 Monthly Alphabet (GOOGL) Yield Shares Purpose ETF - ETF Units YGOG $0.2500 05/28/2025 06/03/2025 Monthly Tech Innovators Yield Shares Purpose ETF - ETF Series YMAG $0.2000 05/28/2025 06/03/2025 Monthly META (META) Yield Shares Purpose ETF - ETF Series YMET $0.1600 05/28/2025 06/03/2025 Monthly Netflix (NFLX) Yield Shares Purpose ETF - ETF Series YNET $0.1100 05/28/2025 06/03/2025 Monthly NVIDIA (NVDA) Yield Shares Purpose ETF - ETF Units YNVD $0.7500 05/28/2025 06/03/2025 Monthly Palantir (PLTR) Yield Shares Purpose ETF - ETF Series YPLT $0.2500 05/28/2025 06/03/2025 Monthly Tesla (TSLA) Yield Shares Purpose ETF - ETF Units YTSL $0.5500 05/28/2025 06/03/2025 Monthly UnitedHealth Group (UHN) Yield Shares Purpose ETF - ETF Series YUNH $0.1100 05/28/2025 06/03/2025 Monthly Closed-End Funds TickerSymbol Distributionper share/unit RecordDate Payable Date DistributionFrequency Big Banc Split Corp, Class A BNK $0.1200¹ 05/30/2025 06/13/2025 Monthly Big Banc Split Corp - Preferred Shares $0.0700¹ 05/30/2025 06/13/2025 Monthly Estimated May 2025 Distributions for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund The May 2025 distribution rates for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund are estimated to be as follows: Open-End Fund TickerSymbol Final distributionper unit RecordDate PayableDate DistributionFrequency Purpose USD Cash Management Fund – ETF Units MNU.U US $ 0.3528 05/28/2025 06/03/2025 Monthly Purpose Cash Management Fund – ETF Units MNY $0.2370 05/28/2025 06/03/2025 Monthly Purpose High Interest Savings Fund – ETF Units PSA $0.1068 05/28/2025 06/03/2025 Monthly Purpose US Cash Fund – ETF Units PSU.U US $ 0.3495 05/28/2025 06/03/2025 Monthly Purpose expects to issue a press release on or about May 27, 2025, which will provide the final distribution rate for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund. The ex-distribution date will be May 28, 2025. (1) Dividend is designated as an 'eligible' Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation. (2) Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date. About Purpose Investments Inc. Purpose Investments is an asset management company with more than $21 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company. For further information please contact:Keera Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
