AN UNPOPULAR VIEW ABOUT A POPULAR TRADE

What the launch of bitcoin ETFs might mean for markets (and it's not all good)

I am writing another post about the bits-in-the-sky, but before you “no-coiners” hit delete, please give this one a chance as I believe there are macro implications for my theory.

I call it my theory, but, really, it’s not. I stumbled upon this idea from an old friend, Ari Pine from Digital Gamma.

Ari is a former gold-futures-trader-turned-crypto advoca…