Fu Peng stated on X that Bitcoin holders are allocating to S&P 500 ETFs and AI-related funds through pre-IPO perpetual futures and tokenized stocks, while participating in activities related to the SpaceX IPO. Trading volume in pre-IPO perpetual futures has surged from approximately $1 billion in early May to nearly $22 billion.
Fu Peng: Crypto Investors Use Pre-IPO Perpetuals to Allocate Traditional Assets
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Summary
Fu Peng highlighted on X that Bitcoin holders are using pre-IPO perpetuals and tokenized stocks to transition into S&P 500 ETFs, AI funds, and SpaceX IPO activities. This trend reflects growing interest in real-world assets (RWA). On-chain data shows trading volume for pre-IPO perpetuals surged from $10 billion in early May to nearly $220 billion.
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