Shawn Owen, CEO of SALT Lending, states that banks and credit unions are racing to adopt Bitcoin, with institutional FOMO being real. He presents Bitcoin as pristine collateral and emphasizes that the barriers holding back banks and registered investment advisors have finally come down. Bitcoin-backed lending is experiencing significant growth, driven by the development of derivatives and Bitcoin ETFs. Owen recommends borrowing against Bitcoin rather than selling it, and discusses volatility, regulation, and the future of the Bitcoin-backed lending market.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
