Many BTC purists hate this and call it paper bitcoin. Yeah it doesn't matter. The same people who rightly say "bitcoin is the hardest and best money ever made and it will go up forever against fiat, because fiat has no bottom". Some how can't comprehend that building financial products on it makes perfect mathematical and economic sense.
Cry about it all you want, markets will not care, bitcoin will not care and nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqg9rg869l7t43ats5gdsqrqh6njn5wjf0jpe0unvpekkredvllr6nqwfmhjz will not care either.