Bitcoin Yield Fund
Institutional-grade yield strategies for the world's premier digital asset. Disciplined. Transparent. Bitcoin-native.
Who We Are
Key Bay Capital is a specialized investment manager focused exclusively on generating sustainable, risk-adjusted yield on Bitcoin holdings.
We combine deep expertise in digital asset markets with institutional-grade risk management frameworks developed in traditional finance. Our team has navigated multiple market cycles, and our strategies are designed to perform across varying market conditions.
The Key Bay Capital Bitcoin Yield Fund is structured as a Cayman Islands Segregated Portfolio Company, providing institutional investors with a familiar, regulated vehicle for accessing Bitcoin yield strategies.
The Opportunity
Corporations, family offices, and institutional allocators have embraced Bitcoin as a treasury asset—yet most holdings sit idle, forgoing yield opportunities available to sophisticated participants.
We unlock yield from Bitcoin without compromising on security or taking directional risk. Our strategies are market-neutral by design, generating returns from structural inefficiencies in digital asset markets rather than speculation on price.
Our Approach
PILLAR 01
Capturing the persistent premium between Bitcoin spot and futures markets. This delta-neutral strategy harvests the cost of leverage in crypto markets without directional exposure.
PILLAR 02
Bitcoin-collateralized loans to institutional borrowers with rigorous credit underwriting. All loans are overcollateralized and subject to real-time margin monitoring.
PILLAR 03
Exploiting funding rate differentials across perpetual swap venues. When longs pay shorts (or vice versa), we position to collect these payments systematically.
PILLAR 04
Selling covered calls and cash-secured puts to collect premium from elevated implied volatility. Conservative strikes and systematic rolling maintain the Bitcoin position.
Why Key Bay
Performance fees are only charged on returns exceeding our target. We succeed only when you succeed—in Bitcoin terms.
Our risk protocols were designed after the failures of 2022. Counterparty limits, real-time monitoring, and conservative leverage are foundational.
The General Partner maintains a significant personal investment in the fund. Our Bitcoin is alongside yours.
Assets held with regulated, insured custodians. Multi-signature controls and geographic distribution of keys.
Detailed monthly reports with full position disclosure, counterparty exposure, and attribution analysis. Annual audits by a Big Four firm.
Client Bitcoin is never pledged or lent without explicit allocation to a specific strategy. Complete segregation of assets.
Fund Terms
Minimum investment and detailed terms available upon request for qualified purchasers.
Leadership
Our leadership team brings decades of combined experience across traditional finance, digital asset markets, and institutional risk management. Each partner maintains a significant personal investment in the fund.
Request Team InformationContact
The Key Bay Capital Bitcoin Yield Fund is available to qualified purchasers, family offices, and institutional allocators. We welcome the opportunity to discuss how our strategies may complement your Bitcoin allocation.