Bond 2 opened October 8, 2026 and sold out at 505 BTC, more than double the Genesis Bond. Weekly BTC rewards have been paying since October 15, 2026, and the term runs to April 1, 2027.
Public figures as of
November 12, 2026
505
BTC
BTC bonded
Sold out · Earning
Status
3
Named participants
1.21
BTC
Rewards paid, first month
October 8, 2026
Opened
April 1, 2027
Term ends
Bitcoin Staking's second bond more than doubled the first,
and liquid staking supplied almost all of it.
Timeline
How we got here
September 10, 2026
Genesis bond opens and sells out
230 BTC staked by four institutions: UTXO Management, 21shares, HashKey Cloud and Sypher Capital. Weekly BTC rewards have paid since September 17.
September 24, 2026
Anchorage Digital custody announced
Institutions can enroll and fund bonds from Anchorage Digital Bank accounts; BTC held by a federally chartered bank for the term.
October 8, 2026
Bond 2 opens and sells out
505 BTC staked. StackingDAO supplied 483 BTC through liquid staking (stBTC), with Xverse and 21shares also taking part.
October 15, 2026
First weekly BTC rewards paid
Bond 2 participants receive their first BTC payout; rewards continue to be paid out every Bitcoin week.
BTC bonded
Cumulative BTC locked on Bitcoin L1 as each bond opened, with this bonde highlighted.
Cumulative BTC bonded
BTC bonded, cumulative
BTC bonded per bond
BTC bonded in the period
Bond results
Size, participants, rewards and terms.
Bond
2
· Opened
October 8, 2026
Sold out · Earning
505
BTC Staked
1.21
BTC
First month rewards
4
Cycles paid
6.7
M
STX
STX paired
Participants
21shares returns from the Genesis bond, joined by StackingDAO and Xverse
Rewards
Paid weekly in BTC since October 15, 2026
Target yield
~3% annualized, paid in BTC (target, not guaranteed)
Term ends
April 1, 2027
In their words
What the institutions behind the first two Bitcoin bonds say about it.
“
Bitcoin staking and yield products represent a meaningful step in expanding the productive use of the world’s largest digital asset. Initiatives that advance secure, on-chain innovation—while preserving Bitcoin’s core properties—are important drivers of institutional interest and long-term ecosystem growth.”
“
Institutions are increasingly looking beyond simply holding Bitcoin. They want to understand how their BTC holdings can become productive while maintaining appropriate security, liquidity and risk controls.”
“
Bitcoin DeFi represents an untapped opportunity in digital assets, but the infrastructure required to make it accessible to institutions has only recently matured. Through our expanded integration with Stacks, we’re working to give Fireblocks clients a path to Bitcoin-denominated rewards using the custody, compliance, and operational standards their businesses require.”
Participants, pools and custody
Everyone publicly named in this bond or supporting it, and how each takes part.