According to @julian2kwan, Tiger Research and IxsFinance have released a comprehensive report on BTCFi, emphasizing the rapid growth of the total addressable market (TAM) and the emergence of real yield opportunities for BTC holders. The report suggests that BTCFi protocols are increasingly enabling Bitcoin to generate real yields, which is a significant shift for traders seeking passive income in the BTC ecosystem. This trend could drive increased trading volumes and liquidity into BTCFi products as investor interest in yield-bearing Bitcoin assets grows (source: @julian2kwan).

According to Julian Kwan on Twitter, IXS has launched the first real-world asset (RWA) token directly tied to Bitcoin’s market cap and growth, allowing Bitcoin investors to earn real yields from treasuries and money market funds without selling or losing their BTC holdings (source: Julian Kwan, Twitter, May 25, 2025; ixs.finance/news/ixs-launch). This innovation provides a new DeFi opportunity for traders seeking exposure to both the appreciation of Bitcoin and the potential for yield traditionally found in fiat-based assets, which may boost liquidity and attract institutional interest in crypto markets.