PANews, June 20 – Fu Peng posted on X platform, pointing out that a significant shift in asset allocation is taking place in the digital asset market. A large number of Bitcoin investors who have long been deeply involved in the crypto space are now allocating to traditional financial products such as S&P 500 ETFs and AI-themed funds through various channels.

Fu Peng stated that the tone of market discussion has gradually shifted from the past opposition between traditional finance and crypto assets to the complementary coexistence of the two, signaling that the global financial system will become more inclusive. Citing BlackRock's judgment on deep cross-asset integration, he referred to this trend as the "Great Convergence."

At the market level, the crypto industry is launching innovative products to break down investment barriers between public and private markets. This month, a large number of crypto investors participated in SpaceX-related IPO trading through pre-IPO perpetual futures and tokenized stocks. Such derivatives allow users to bet on the valuation of private companies before they officially go public. Data shows that the pre-IPO perpetual futures market is rapidly heating up, with trading volume surging from approximately $1 billion in early May to nearly $22 billion in just a few weeks.