🚀 **Bitcoin-Backed Lending Takes Off!**

- Financial institutions are diving into Bitcoin-backed loans as BTC adoption surges and fiat interest rates tighten.

- Ledn, a leading BTC lending platform, processed $1.16B in crypto loans in H1 2024, with lenders earning over 10% APR.

- Institutional investors have poured billions into BTC ETFs, and now they're eyeing Bitcoin-backed lending.

- The BTC lending market, currently at $8.5B, is projected to hit $45B by 2030.

- Competition heats up with platforms like Arch, Salt, and financial giants like Cantor Fitzgerald joining the fray.

Hold on to your wallets, folks! 💸