Investopedia article on Securities-Based Lending :

https://www.investopedia.com/terms/s/securitiesbased-lending.asp


arrivederci

Securities Based Lending at prime rates from The Bank/Brokerage account holding IBIT or other Bitcoin ETF.

There is no in-kind issuance or redemption yet, so there is no easily going from BTC->ETF->BTC, but when that happens, this will be the best way to borrow fiat against Bitcoin.  Otherwise its BlockFi or Celsius all over again.

bitcoin

Where can one get a line of credit using BTC as collateral?

kevin

hear me out:

Securities Based Lending at prime rates from The Bank/Brokerage account holding IBIT or other Bitcoin ETF.

There is no in-kind issuance or redemption yet, so there is no easily going from BTC->ETF->BTC, but when that happens, this will be the best way to borrow fiat against Bitcoin.  Otherwise its BlockFi or Celsius all over again.