Just opened a Longbridge account in Singapore in early July and started buying btc and eth in the securities account (I'm a mainland ID);

The advantage is that the money is absolutely safe, and you don't have to worry about the risks of depositing and withdrawing funds from crypto exchanges. Trading enthusiasts can also use options to achieve leveraged trading similar to crypto contracts;

The downside is the 0.25% annual management fee and the relatively high cost per purchase, which is not suitable for salaried workers to invest regularly on a daily or weekly basis;

But no matter how btc$Strategy(MSTR.US) and eth vaults$Sharplink(SBET.US)$BitMine Immersion Tech(BMNR.US) fluctuate, the money they issue or cash out will still be used to buy crypto spot assets. As long as the vaults keep competing, the net inflow of large investors into cryptocurrencies won't stop.

$iShares Bitcoin Trust ETF(IBIT.US)

$IShares Ethereum Trust ETF(ETHA.US)