Since the beginning of this year, the inflow of funds into Bitcoin ETFs has been continuously breaking records, and the demand for BTC in the market continues to grow. However, at the same time, the on-chain application side remains barren. Many people are starting to ask: the ETF has brought in funds, who will meet the on-chain demand for these funds? The answer may be Bitlayer.
Bitlayer, through BitVM Bridge, allows Bitcoin holders to easily bring their assets into the DeFi world; through its Rollup architecture, it provides a low-cost, real-time smart contract environment; combined with the YBTC model, BTC can directly become collateral and generate on-chain returns.
Interestingly, Bitlayer has already launched a Booster campaign on Binance Wallet and is about to kick off Pre-TGE. For funds and users, this means: not only can they participate in the ecosystem, but they can also lock in potential airdrop and incentive opportunities in advance.
In the context of the funding driven by Bitcoin ETFs, Bitlayer's BTCFi narrative is undoubtedly the best answer to meet market demand. It allows Bitcoin not only to attract institutions but also to serve on-chain users, achieving a true "dual-driven" model.
