Maple Finance launches Bitcoin yield product with 4% APY
Maple Finance (CRYPTO:SYRUP) has introduced a new derivatives product aimed at institutional investors seeking exposure to Bitcoin (CRYPTO:BTC).
This offering allows investors to purchase Bitcoin call options using yield generated from collateralised crypto loans.
With a minimum investment of 100,000 USD Coin, the product promises downside protection against Bitcoin's underperformance.
It features a floor annual percentage yield (APY) of 4%, with the potential to reach a maximum APY of 33%.
The launch comes amid growing demand for structured crypto products that minimise risk while providing high return potential.
Maple's new offering will compete with similar products from various financial institutions, including the National Bank of Bahrain and Crypto.com's platform for U.S. institutional investors.
Since 2024, there has been an increase in structured crypto products designed for institutional clients, driven by improved regulatory clarity and a broader acceptance of digital assets as viable investment options.
Lucas Kiely, chief investment officer for Yield App, noted that seasoned investors are looking for assurances that their investments won’t suffer significant losses, referencing past market disruptions like the collapses of FTX (CRYPTO:FTT) and Celsius Network (CRYPTO:CEL).
Bitcoin ETFs have also seen substantial interest, attracting over $39.9 billion in net inflows since their introduction on Wall Street in January 2024.
Maple Finance previously launched a direct crypto lending program in June 2023 to fill gaps left by other firms' failures.
The Bitcoin loan market is projected to grow significantly, with an estimated compound annual growth rate of 26.4% until 2030, increasing from $8.6 billion to $45 billion.
At the time of reporting, the Bitcoin (BTC) price was $102,306.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump turns on ‘buddy’ Putin over Ukraine, says he’ll slap Russia with sanctions now
Share link:In this post: Trump warned he may hit Russia with new sanctions after fresh missile attacks on civilians. Trump met with Zelenskyy in Rome and called the meeting productive, but gave no full details. Trump offered a peace deal that includes recognizing Crimea as Russian territory, which Zelenskyy rejected.
Trump’s economic and geopolitical failures took center stage at Pope Francis’ funeral
Share link:In this post: Trump’s economic and diplomatic tensions took over the spotlight at Pope Francis’ funeral. Trump met briefly with Zelenskyy, Macron, and Starmer during the service but made little progress. Trump skipped a second meeting with Zelenskyy and left Rome quickly after the Mass.
Elon Musk and Nobel laureates call for investigation into OpenAI’s nonprofit mission
Share link:In this post: Elon Musk called OpenAI restructuring plan the “scam of the century” after experts oppose it. Legal and AI experts have called on Attorneys General of Delaware and California to OpenAI core mission as a non-profit. Concerns about Open AI deviating from its non-profit origins is not limited to Musk.
Republicans propose shutting down US audit regulator PCAOB
Share link:In this post: Republicans plan to scrap the Public Company Accounting Oversight Board (PCAOB). The agency’s responsibilities could be pushed to the SEC if the lawmakers succeed in shutting it down. Republicans also want to pass a major tax bill that could change the non-profit sector.
Trending news
MoreCrypto prices
More
