The provider is paying users from its own bitcoin wallet while Liquid federation reserves still cover about 85.8% of outstanding L-BTC.
This is the summary The Defiant publishes in its feed. The full article lives on their site.
The platform's terms give holders no claim on underlying shares and allow exposure through SPVs or derivatives.
Cash exercises would add up to 11.5 million XRPN shares, while Evernorth says net proceeds would fund general corporate purposes.
The firm's 2027 long-term return outlook gives bitcoin a range of outcomes for the first time, while its authors call BTC a speculative asset that does not yet work as a...
The final plan retains CAKE buybacks from non-stablecoin protocol fees and phases a roughly 69% cut in effective daily emissions.
US spot Ether ETFs have shed $1.08 billion so far in October, the biggest monthly outflow of 2026, while Bitcoin ETF inflows slowed after Monday’s spike.
