TradFi and DeFi are not opponents; they are moving towards each other in a two-way pursuit.

View Original
CoinNetwork
Crypto World News reports that BlackRock’s ETF head, Jay Jacobs, said that approximately three-quarters of IBIT investors had never previously held an ETF. IBIT was originally seen as a channel for traditional investors to enter Bitcoin, but in reality it has also become an entry point for digital-asset users into the traditional ETF market. Jacobs said that some users, after buying IBIT, also began allocating to other BlackRock funds such as the S&P 500, AI, and gold. He believes that in the future, the market will discuss less about TradFi versus DeFi and more about the parallel integration of TradFi and DeFi.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned