Remember when one of the world's largest asset managers swore off crypto products entirely?
Just last year, that firm made it crystal clear: spot Bitcoin ETFs weren't on their roadmap. Not now, not ever. The door was shut, locked, and they threw away the key.
Fast forward to today—plot twist nobody saw coming.
That same platform just flipped the script. Starting tomorrow, their clients can access Bitcoin ETF exposure directly through their accounts. No explanation, no apology for the U-turn. Just a quiet launch that speaks volumes about how quickly this space is reshaping traditional finance.
When institutional giants reverse course this dramatically, it's not just about one product going live. It signals something bigger shifting beneath the surface of legacy financial infrastructure.
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AirdropHunter9000
· 16h ago
Haha, it only took a year to slap themselves in the face. These institutions really say no with their mouths, but their actions are very honest.
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MetaverseLandlady
· 12-03 08:10
Hi, this is real change—when they say no, it's a firm no, and then they turn around and get on board. Traditional finance made this move in a snap, really fast.
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TokenStorm
· 12-02 02:53
Ha, this is called "I'll never" to "quietly go online". Institutions really know how to play.
On-chain data shows what this kind of reversal usually means? Is arbitrage space coming? Or is the eye of the storm going to be repositioned?
Yesterday, we were still saying never, and today we directly turn around. How do we calculate the risk coefficient of this operation?
It seems that the defenses of TradFi are collapsing one by one, and we gamblers have to recalculate the liquidation price again.
I won't say anything else, just ask everyone to backtest historical data, what happens 24 hours after such institutional U-turns?
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ImpermanentPhobia
· 12-02 02:51
Haha, laughing to death. Weren't we supposed to not touch it even if we died? Now you secretly went online, and it's like a slap to the face.
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SmartContractPhobia
· 12-02 02:50
Laughing to death, a year ago I said I would never do it and now I’m on it, what a contrast!
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ImpermanentTherapist
· 12-02 02:47
I'm not even kidding, their faces are slapping loudly... In just a year, they've gone from "never touching it" to quietly going online. The speed of this transformation has me calling it like I see it.
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MEVHunterNoLoss
· 12-02 02:38
Haha, it's really amazing. They said they wouldn't touch it, but then they turned around and went online. That's how these big institutions are.
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SocialFiQueen
· 12-02 02:34
Haha, this reversal is amazing. A year ago I wouldn't touch it, and now I'm directly entering a position. This is what you call being slapped in the face by the market.
Remember when one of the world's largest asset managers swore off crypto products entirely?
Just last year, that firm made it crystal clear: spot Bitcoin ETFs weren't on their roadmap. Not now, not ever. The door was shut, locked, and they threw away the key.
Fast forward to today—plot twist nobody saw coming.
That same platform just flipped the script. Starting tomorrow, their clients can access Bitcoin ETF exposure directly through their accounts. No explanation, no apology for the U-turn. Just a quiet launch that speaks volumes about how quickly this space is reshaping traditional finance.
When institutional giants reverse course this dramatically, it's not just about one product going live. It signals something bigger shifting beneath the surface of legacy financial infrastructure.