Bitget Boosts Capital Efficiency with Upgraded Yield-Bearing Bitcoin Asset

Bitget has upgraded its yield-bearing Bitcoin asset, BGBTC, to introduce daily BTC-denominated rewards and enhance capital efficiency for users.

The upgrade is part of Bitget's broader strategy to improve capital efficiency across digital assets. BGBTC is fully backed 1:1 by Bitcoin and allows users to earn daily rewards while maintaining access to a growing range of use cases across the Bitget ecosystem.

The introduction of Bitget's independent Curator framework, with Gauntlet as the curator, adds a new layer of institutional-grade oversight to BGBTC's underlying yield strategies. This separates strategy oversight from asset custody while strengthening portfolio monitoring, risk management, and long-term yield sustainability.

Bitget's CEO, Gracy Chen, said 'Bitcoin has become one of the world's most important financial assets, but much of it still sits idle.' The upgrade reflects a shift in how Bitcoin holders are managing their assets as demand grows for solutions that combine long-term ownership with capital efficiency.