Yes, but I dont think it's very good, and they dont really have a legit claim to ".btc".  I spoke to ICANN about this, and they are secretly worried about all the different DNS methods out there.  They suggested putting .arpa on the end of all their domain names, and then hiding it in the browser, but I think that would break too much.  There's going to be competing systems including handshake (which had a token sale and air drop).  I favour:

- bitcoin native
- no expiry
- level playing field, and wide eco system
- nostr compatibility

Narrows it down quite a bit.