It does seem that each cycle has its bitcoin related financial instrument. Hopefully the introduction of loans doesn’t signal the peak of the bull market! Although in a way it would be nice because it would let me stack more than if it reaches new highs!
Discussion
If they are to be the next falling financial instrument I think it will take a few years to unfold. They might become semi mainstream and catch people by suprise.
But I'm not yet 100% confident in that take. It just makes all my sense scream danger.
I’m always leery of anything that wants my bitcoin.