Bitcoin staking / BTC-LST
Lombard etc. — unlocks BTC yield, big TAM
Part of the Liquid Staking & Restaking sector. Tied to ETH price (fell with it), so beta-heavy. The genuinely new niche is Bitcoin staking/LST — brings yield to the largest idle asset in crypto. Watch BTC-LST TVL as a leading indicator.
Educational content, not financial advice.