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Throw Out The Playbook: How to Build A Crypto ETF
And hide from these days we remained all alone.
Staying in the same place, just staying out the time.
Touching from a distance,
Joy Division, Transmission
Over the last few weeks I’ve been digging deep into my own assumptions about how the world works. I’ve seen enough cool stuff fly by to (occasionally) recognize when I should keep my mouth shut until I actually wade into a topic. That’s largely how I’ve felt about Crypto. When Bitcoin took off about a decade ago, I did the obligatory amount of reading most nerds did, chuckled at all my Young Turk analysts buying Bitcoin for $49 or whatever it was at the time. I adopted the fashionable “Tsk, Bitcoin, but Hrm, blockchain?” stance that still pervades most of finance on the ‘Security-Notional’ side of the balance sheet the world of stocks and bonds and futures and options and all that jazz.  I wasn’t paying enough attention. ....

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