VanEck Unveils BitBonds: Bitcoin-Backed Bonds for Inflation Protection and Crypto Gains

Asset management giant Van Eck has proposed a groundbreaking financial instrument aimed at tackling the US government’s growing debt burden. Dubbed BitBonds, this innovative approach combines the security of US Treasury bonds with the potential upside of Bitcoin exposure. 10% of proceeds would fund Bitcoin investments, while the remaining 90% would be backed by traditional US Treasury securities. This structure provides investors with a hedge against inflation and access to crypto gains. Van Eck’s proposal suggests this