Is there a way to take out a loan on your Bitcoin like how Ethereum can be used as a CDP in the MakerDAO to get DAI?

I wanted to sell some BTC to pay some bills, but I also didn’t want to lose out on the Bitcoin rise in the inevitable future. Ethereum has the ability to be used as a CDP (“collateralized debt position”) to get the stablecoin DAI which you can cash out at coinbase, but still own the Ether you put up for the loan. As long as you pay back the loan, you can get the eth back. Is there a method of doing this with Bitcoin?