According to BlockBeats news on August 4, trader Eugene Ng Ah Sio posted on his personal channel that he holds a cautiously optimistic attitude towards the DAT 'Decentralized Asset Trusts' craze, stating that this wave is nearing its peak but has not yet ended, which may be the last opportunity for altcoins to usher in a massive bull market with the help of global capital.
It is now clear that most capital is either unable or unwilling to bridge the gap into the cryptocurrency space through direct token purchases. The current DAT is a suboptimal (but similar) replica of altcoin ETFs. We have not yet truly seen DAT drive significant capital inflows into any alternative tokens, but I believe that given the enthusiasm of traditional finance (TradFi) for Ethereum (ETH), this possibility is quite large. Theoretically, these capital inflows should make the performance of other crypto-native projects pale in comparison, but the market has not yet fully appreciated this. While there is a belief that DAT may be nearing its peak, the biggest frenzy has yet to occur.
