PANews December 18 News, Arca Chief Investment Officer Jeff Dorman stated that there is still a significant disconnect between Bitcoin as an investment asset and the overall growth of the blockchain ecosystem. Stablecoins, real-world asset tokenization (RWA), and the DeFi sector are growing rapidly, but discussions on Wall Street and in the fintech industry are more focused on how to utilize stablecoins and RWA for issuance and fee collection rather than on investment itself. Meanwhile, most investors’ attention remains focused on Bitcoin, which has led to less research and discussion on token value on Wall Street. Although some institutions have begun to explore token research, such as Cantor Fitzgerald’s reports on certain tokens, token investment overall has not yet become mainstream, and related sales and promotion efforts have seen little progress. Many new investors mistakenly believe that investing in Bitcoin allows them to seize the growth opportunities in the blockchain space. However, Bitcoin’s growth is not directly related to decentralized finance, stablecoins, or RWA in the blockchain sector. Nevertheless, Bitcoin still dominates capital flows and price trends. It is currently unclear when this situation will change, but investors generally tend to enter during price pullbacks, often overlooking the potential value in other areas of blockchain.
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