Target 2–5% return on your Bitcoin with BTCaf.*
Put your BTC to work through transparent strategies — issued by AbraFi, and denominated in Bitcoin.
*Target range, variable and not guaranteed. Yields are illustrative and involve significant risk, including possible loss of principal.
How your Bitcoin earns.
Yield on BTC, paid in BTC — in four steps.
Deposit Bitcoin
Fund with BTC — no minimum to begin.
Mint BTCaf
Your Bitcoin becomes yield-bearing BTCaf.
Strategies deploy
AbraFi generates yield through BTC deposits and conservative, transparent strategies.
Yield accrues
Returns accrue in Bitcoin; withdraw on flexible terms.
Where the Yield Comes From
Follow this diagram to understand each of the different strategies used to generate yield. Yield strategy allocation is regularly rebalanced to optimize performance and align with stringent risk management protocols.
Hover any stage or strategy to see how it works. No BTC is sold, lent, or put at directional market risk — every yield strategy operates on the stablecoin side or is delta-hedged.
Terms at a glance.
| Structure | Managed Account |
| Investment Advisor | Abra Capital Management, LP (ACM) |
| Investment Minimum | None |
| Management Fee | None |
| Eligibility | Accredited investors |
| Withdrawals | End of each month |
| Withdrawal Period | 30 Days |
| Reporting | Monthly |
| Qualified Custodian | Fireblocks Trust |
More from your Bitcoin.
Target BTCaf yield vs. simply holding.
| How you hold BTC | Target yield |
|---|---|
| Cold storage | 0% |
| Exchange wallet (no yield) | ~0% |
| BTCaf | 2–5%* |
Illustrative comparison. BTCaf figures are target ranges, variable and not guaranteed.
See how your bitcoin could grow.
Estimate how your balance could compound over time. Illustrative only — subject to variable rates and risk.
Illustrative comparison of two yield rates. Yield accrues in-kind and compounds annually; the total Bitcoin price change you set is applied over the horizon (to both sources). Yields are target ranges, variable, and not guaranteed; Bitcoin prices and returns can fall as well as rise. Not investment advice.
Assessing the product
Historical performance
| 30 Day | 90 Day | YTD | 365 Day | Since Inception |
|---|---|---|---|---|
| +2.02% | +2.36% | +2.13% | +2.19% | +1.80% |
Average APY. Reporting period: through September 2026. Last updated Oct 8, 2026, 12:00 PM UTC. Tracking since April 2024.
APYs shown are gross and exclude applicable advisory fees. The APY represents average annualized yields for the period indicated, are subject to change, are not guaranteed, and are not indicative of future results. See Important Performance Information for methodology and additional disclosures.
Historical performance: BTCaf Yield Strategy vs. Bitcoin
| 30 Day | 90 Day | YTD | 365 Day | Since Inception | |
|---|---|---|---|---|---|
| BTCaf Yield Strategy | +7.81% | +39.84% | -3.90% | -25.29% | +25.42% |
| Bitcoin | +7.63% | +39.03% | -5.41% | -26.89% | +20.07% |
BTCaf Yield Strategy = holding the same amount of BTC directly (price return from CoinMarketCap) plus the yield the strategy generates on top over that same window — modeling what this BTC would have earned if deposited into the strategy instead of held outright. Bitcoin = BTC spot price return over the identical window, from CoinMarketCap historical prices.
Since Inception starts Apr 1, 2024 · Source: CoinMarketCap (id=1) · Reporting period: through September 2026 · Last updated Oct 8, 2026, 12:00 PM UTC.
Understand the Risk
BTCaf involves risk, including loss of principal.
BTCaf is not a bank deposit and is not insured. Bitcoin is volatile, and target yields are variable ranges shown for illustration — not guaranteed. Strategies involve significant risk, including counterparty and market risk, and you can lose BTC. Nothing here is an offer or investment advice.
Questions, answered.
Yes. BTCaf yield accrues in BTC, so your Bitcoin balance grows over time — subject to the variable target range and the risks involved.
Through transparent strategies operated by AbraFi using your Bitcoin deposits. The approach is disclosed rather than a black box.
No. BTCaf is not insured and involves significant risk, including possible loss of principal. Target yields are not guaranteed.
BTCaf is issued by AbraFi. Abra Capital Management, LP (ACM) is an SEC-registered investment adviser that provides access to AbraFi products.
Learn more about Bitcoin yield
How to Compare Crypto Yield Rates: Targets, Benchmarks and What Sits Behind the Number
Compounding Wealth Scenario: Maximize Yield
Dollar Yield: Considerations to Get Maximum Return From Cash
Clarity Act - The Rules are Changing. Is your Practice Ready?
DeFi Risk: Different But Visible and Manageable
DeFi Vaults: The Portfolio Wrapper for On-Chain Markets
Put your Bitcoin to work.
BTCaf is issued by AbraFi. Investments in digital assets involve a high degree of risk, including loss of principal. Registration as an investment adviser does not imply endorsement by the SEC.