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The Senate killed that crypto bill
Regulators turned around and opened a loophole
Crypto stocks became the biggest gainers
Tokenized stocks get a five-year pilot first
Coinbase filed another application with the CFTC on Friday
To list more than 50 single-stock perpetuals
Apple and Nvidia can both trade on-chain 24/7
COIN gained 11% on Friday
It was the biggest gainer in the S&P 500
MSTR gained 16%, the Nasdaq 100's top performer
Buying crypto stocks through stock accounts was more aggressive than the crypto market itself
Then it gave it all back over the weekend
This trade is even more volatile than crypto prices
Yesterday, leveraged ZEC bets were looking for a way out, and today it fell 4%
Crypto leverage is flat
There are more short accounts than long accounts
I’m betting this crypto stock trade will run farther than crypto prices
The door just opened, and the money hasn’t moved in yet