Last week the SEC approved âgeneric listing standardsâ for crypto ETFs. If a token has futures trading on Coinbase, ETFs tied to it can now be pre-approved much faster. That opens the door for a flood of new crypto ETFs in TradFi. But the underrated story is the flow will not just be one way. TradFi is bringing crypto into ETFs, while onchain finance is starting to bring ETFs into crypto. Think about what ETFs did for Wall Street. They made stocks, bonds, and commodities simple by wrapping them in a single ticker so anyone could get diversified exposure. Decentralized Token Folios (DTFs) are now doing the same thing onchain. A DTF is a single token backed by a basket of assets. At first those baskets were only crypto. As tokenization accelerates, those baskets will expand to equities, bonds, commodities, even real-world yield streams. This is where things get interesting. TradFi ETFs are giving investors a bridge into crypto. DTFs are building the bridge back out to tokenized...
Show original
11.31K
148
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.