Hold Bitcoin. Earn yield. Our institutional-grade strategy targets 3–8% annual yield through carefully selected layer-2 protocols — without sacrificing custody or transparency.
Institutional Infrastructure
The Sypher Bitcoin Yield Fund is designed for accredited investors seeking Bitcoin-denominated income with institutional safeguards.
Annual yield target of 3–8%, denominated in Bitcoin. Returns are generated through institutional yield strategies and layer-2 protocol deployment.
Management absorbs all fund fees and expenses if annual yield falls below 1%. Our success is tied directly to yours.
1% annual management fee with 0% performance fees. Straightforward, transparent pricing that aligns with long-term investor interests.
In-kind Bitcoin subscriptions and redemptions are structured as tax-free transfer events. Management fees are deductible as investment expenses.
Monthly redemption windows provide institutional-appropriate liquidity. Investors are not locked into multi-year commitment horizons.
Structured as a proper fund with institutional service providers including fund administrator, legal counsel, and tax & audit — not a retail product.
SBYF generates yield by deploying Bitcoin capital through institutional-grade protocols and lending markets, while maintaining the security of regulated custody.
Investor capital — in Bitcoin or USD — is custodied with Coinbase Prime and BitGo. The fund then allocates to yield-generating strategies including layer-2 protocol participation and institutional Bitcoin lending markets.
The fund participates in emerging Bitcoin layer-2 protocols that generate yield by providing liquidity and infrastructure to next-generation Bitcoin financial networks — activating Bitcoin without sacrificing its properties.
Risk is managed at the portfolio level with hard limits on counterparty exposure. If annual yield falls below 1%, management absorbs all fund fees and expenses — ensuring our incentives are always aligned with investor outcomes.
Investors receive monthly NAV statements prepared by NAV Consulting. Redemption requests are processed monthly, with proceeds returned in Bitcoin or USD per investor preference.
Contact our investor relations team to request a fund summary, term sheet, or schedule a call.