Bitcoin's Hidden Yield: Why Options Are Taking Over Crypto | David Lawant, Anchorage Digital

Crypto Insight Summary: 1. 3. 5. Bitcoin does not have native yield. But that has not stopped institutions, treasury companies, miners, whales, ETFs, and crypto-native desks from looking for ways to generate returns on top of BTC. In this episode of Converge by The Defiant, David Lawant, Head of Research at Anchorage Digital, joins the show to unpack the rise of Bitcoin options, synthetic yield, covered call strategies, and the growing intersection between TradFi and crypto-native market structure. By:• 0 hours ago Podcast June 04, 2026 June 02, 2026 March 20, 2026 Advertisement A weekly news briefing and in-depth analysis on the highest-signal RWA, tokenization and stablecoin news. Subscribe Join 20k+ tokenization leaders and decision makers Get an edge with our Converge newsletter Subscribe Join 20,000+ tokenization leaders and decision makers. Advertisement June 10, 2026 June 10, 2026 June 11, 2026 June 11, 2026 June 08, 2026 June 11, 2026 The essential source for the intersection of crypto, fintech, and traditional finance. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Growing institutional interest in BTC options and yield strategies supports price.