- CEO
- Adam Scott Patti
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 234 West Florida Street, Suite 203 Milwaukee WI United States of America 53204
- IPO Date
- Feb 3, 2026
- Business
- VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF (BTYB) is an actively managed exchange-traded fund that seeks current income primarily and capital appreciation secondarily by investing approximately 80% of its assets in U.S. Treasury securities, U.S. Treasury futures, and Treasury-focused ETFs with maturities between three and seven years; the remaining 20% provides synthetic exposure to Bitcoin price movements through a covered call options strategy on BlackRock's iShares Bitcoin Trust (IBIT), targeting approximately twice the annual yield of a 5-year U.S. Treasury bond with weekly distributions. The ETF trades on the New York Stock Exchange under the ticker BTYB with CUSIP 45259A217 and an expense ratio of 0.52%. Launched on February 3, 2026, BTYB represents VistaShares' creation of a novel hybrid category blending traditional fixed income duration, enhanced income via options overlays, and indirect cryptocurrency exposure for income-seeking investors, advisors, and portfolios requiring diversification. VistaShares, founded in 2024 and headquartered in Boston, Massachusetts, with additional offices in San Francisco, Delray Beach, Florida, and Boston, serves as the innovative asset manager; the firm, led by CEO Adam Patti (former founder of IndexIQ) and co-founder Jon McNeill (former Tesla President and DVx Ventures co-founder), focuses on thematic ETFs, Supercycle exposures including artificial intelligence and electrification, Target 15 income strategies, and options-enhanced products across U.S. equity, fixed income, and alternative segments. Recent developments include BTYB's inaugural weekly distributions announced starting February 6, 2026 (e.g., $0.0376 per share on February 13), rapid growth in the firm's ETF suite to over $800 million in assets under management within its first year, and prior 2025 launches such as the Target 15 S&P 100 Distribution ETF (SIOO) in December and standout performer Omaha Berkshire Select Income ETF, underscoring VistaShares' expansion in income-oriented and thematic investment vehicles. No major acquisitions, funding rounds, or name changes for VistaShares have been reported in the last 1-2 years; operations remain U.S.-centric with global market focus through ETF structures listed on NYSE.