Bitcoin (BTC) ETF bankruptcy recovery gives cryptocurrency lending a second wind.

When asked why this is, he explained that most users are seeing the investment thesis (if you hold it long enough you can get rich) come true despite the market downturn. These users have been “knee-jerked” by some malicious actors, but many of the “hardcore users” won’t be sold once they start getting their assets back, he said. Di Bartolomeo added that this is when they turn to the lending market to use their assets for lending and borrowing.