Is there a possibility of Defi ETF coming? Bernstein suggests
Crypto Live News
Bernstein believes that Defi will take a lead in the big crypto market recovery and expects it to be back with a bang as the future of blockchain. Defi involves a variety of financial applications in crypto and blockchain, aiming to eliminate the financial intermediaries. Bernstein also highlights that the top ten revenue generating protocols are Defi applications and he believes that unlike the previous one, the current Defi cycle, with regulatory clarity and the yield being real, Global Asset managers can consider a possibility of Defi ETFs.