Bitcoin Utility to Transcend ETFs and Treasuries Toward Mortgages and Bonds: Crypto Founder

Andrew Parish, the co-founder of trading platform Arch Public, has predicted the next sector where Bitcoin utility would thrive in the next two years.

The US Bitcoin spot exchange-traded funds launched in 2024, providing alternative exposure for institutional investors who, previously, could not gain direct access to the pioneering cryptocurrency. Notably, demand for the traditional investment vehicles has ensured that the BlackRock product has become one of the most successful ETF launches in history.

Now, Bitcoin treasuries are the latest trend. Michael Saylor’s Strategy was one of the first to adopt the premier asset as a primary reserve asset, and so more firms have started borrowing to buy Bitcoin.

Currently, the strategy has become commonplace, as companies leverage offering Bitcoin exposures to generate capital they wouldn’t have generated to buy the most pristine asset in existence.

Bitcoin’s Utility is Infinite and These Figures Suggest a Growing Appetite for Bitcoin

Meanwhile, a recent episode of The Wolf of Wall Street podcast, featuring host Scott Mlker and Arch Public co-founders Andrew Parish and Tilman Holloway, has shed light on the numerous opportunities that retail and institutional investors can explore with Bitcoin.

Milker highlighted the growing number of crypto treasury firms as companies begin to hold beyond Bitcoin. For perspective, Strategy has continued to expand its Bitcoin holdings, now a whopping 580,250 BTC worth over $60.6 billion. Meanwhile, the number of entities holding BTC has increased to 223 as companies like Twenty One Capital enters the race.

While these figures suggest a growing appetite for Bitcoin, Holloway insisted that this represents just 20% of the ways institutional players want to gain exposure to the asset. The Arch Public CEO emphasized that there are millions of ways that firms leverage Bitcoin’s utility, with its liquid nature and debt-worthiness a primary lure.

Bitcoin Bond and Mortgage Utility Emerging

Notably, Parish noted that Bitcoin’s next utility would be in the bond and mortgage market. Specifically, he predicted a “mushroom cloud of market” for Bitcoin in association with bonds and self-repaying loans.

For the uninitiated, the Bitcoin bond market operates similarly to the traditional debt market, but with Bitcoin serving as collateral. This allows investors to lend their BTC to issuers and, in return, accrue interest while also enjoying further upsides if the cryptocurrency appreciates before maturity.

On the other hand, a Bitcoin-backed mortgage gives users ownership of a property, with BTC serving as collateral. An interesting feature of these types of loans is that the interest rates are adjusted in relation to Bitcoin’s price, with an uptick in the asset’s price helping to offset payments.

Parish sees this sector as the next big thing, insisting that prominent institutions will shift their focus towards innovation within the next two years. Interestingly, John E. Deaton, a well-known crypto lawyer, agrees with this narrative.

In a tweet, he suggested that BitBonds and Bitcoin-backed mortgages are emerging as a strong niche in the crypto industry. Furthermore, he mentioned that the duo, coupled with the flourishing real-world asset (RWA) tokenization sector, means the next few years would be exciting.

I believe @AP_Abacus to be correct. BitBonds and Bitcoin-related/backed mortgages are definitely coming. Sprinkle in the tokenization of RWA and the next few years are exciting. https://t.co/aoRDLqYBSU

— John E Deaton (@JohnEDeaton1) June 3, 2025

Remarkably, new Bitcoin-based products are being introduced at an increasing rate, as the asset’s growing popularity has spurred the launch of vehicles offering exposure. The options for the BlackRock Bitcoin spot ETFs recently debuted after the US SEC approval.