Crypto's Institutional Wave: Mortgages, Schwab Expansion, and BlackRock's Macro Call

Better and Coinbase have launched a Bitcoin-backed mortgage product that lets US homebuyers pledge Bitcoin as collateral for a down payment without having to sell it. The product pairs a Fannie Mae-backed home loan with a separate down payment loan secured by BTC, requiring borrowers to pledge 250% of the down payment loan in Bitcoin. This could unlock billions in dormant Bitcoin holdings for homeownership, creating a new demand channel for the asset and bridging crypto to...