Crypto investors are increasing their allocation to traditional financial products as traditional and digital assets move toward complementary integration.

PANews, June 20: Fu Peng, posting on X, stated that a significant shift in asset allocation is occurring in the digital asset market. Many long-term Bitcoin investors deeply entrenched in the crypto space are now allocating capital through various channels into traditional financial products such as S&P 500 ETFs and AI-themed funds. Fu Peng noted that the market discourse has gradually shifted from the previous dichotomy between traditional finance and crypto assets toward a complementary coexistence, signaling a more inclusive global financial system. He cited BlackRock’s assessment of deep cross-asset integration, labeling this trend the “Great Convergence.” On the market level, the crypto industry is launching innovative products to bridge investment barriers between public and private markets. This month, numerous crypto investors have participated in SpaceX-related IPO transactions via pre-IPO perpetual futures and tokenized stocks—derivatives that allow users to speculate on the valuation of private companies prior to their official public listing.