Big win for Big Crypto
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Grayscale Investments manages funds of digital assets – cryptocurrency – for investors. They just won a case against the US Securities and Exchange Commission, which could eventually let it, or another manager, offer an ETF that holds bitcoin. US Financial Editor Brooke Masters and podcast regular Rob Armstrong talk with Ethan about what a world of crypto for regular investors might look like. Also we go long the US Treasury, and short the administrative state.
For a free 90-day trial to the Unhedged newsletter go to: https://www-ft-com.ezp-prod1.hul.harvard.edu/unhedgedoffer