lidongfang pfp
lidongfang
@li1dong76fang
As an institution wanting to play with some crypto volatility the logical play is to buy BTC ETF. Everybody has heard of BTC at this point and it's not going away. Hedging that play is also reasonable, and probably best done with something that has some correlation and similar high volatility. That's ETH, there isn't another ETF alternative. As a hedge for a BTC long play, it makes sense to short something historically correlated and of similar volatility.
0 reply
0 recast
0 reaction