From a geek's toy to Wall Street's new favorite, how did DeFi pull it off? In the past few years, there has been a buzzword constantly mentioned in the financial world—DeFi (Decentralized Finance). A few years ago, when geeks first started building quirky financial tools on Ethereum, no one expected these "little toys" would eventually catch the attention of Wall Street's traditional financial giants.

Looking back at 2020 to 2021, DeFi rose at a staggering pace. At that time, the industry's total value locked (TVL) soared from just over a billion dollars to a peak of $178 billion. Protocols with strange-sounding names like Uniswap and Aave suddenly became global crypto sensations.

However, for most ordinary investors, DeFi has always felt like a maze full of traps. Wallet operations are headache-inducing, smart contracts are as hard to understand as Martian script, not to mention the daily anxiety of keeping your assets safe from hackers. Data shows that even with DeFi's popularity, less than 5% of investment institutions in the traditional financial market have truly entered the field. On one hand, investors are eager to try; on the other, they hesitate due to various entry barriers.

But capital always has the sharpest instincts. Since 2021, a new tool specifically designed to "make DeFi investing easy" emerged: the Decentralized ETF (DeETF). It combines the concept of ETFs from traditional finance with the transparency of blockchain, retaining the convenience and standardization of traditional funds while capturing DeFi assets’ high growth potential.