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Congratulations on your offers.
IMO future would be where roles would be merged like tech and business as there are lot more tools and products being build with AI and other stuff to assist and improve developer productivity so that time can be cut down and any idea can be quickly implemented and tested with real customer or user group. Since you are from technical background it would be easy to take up Tech Managerial role and be successful with little effort but my suggestion is to take up the TPM role which helps you to explore business side of things(you would be fascinated) and with little focus and push you should be able to settle in the role and grow.
Hope this helps
Tech product manager, as after couple of years if you want to pivot to leadership levels dealing business and strategy, TPM will provide an edge.