Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee to hear what experts say about the rationale behind famous short seller Jim Chanos’s trending arbitrage play of going long on Bitcoin (BTC) and shorting MicroStrategy’s MSTR stock premium. This controversial and aggressive long-short trade comes amid a rising trend of institutions buying BTC through a corporate structure. Crypto News of the Day: Spot ETFs Undercut MicroStrategy’s Bitcoin Premium Value Proposition At the Sohn Investment Conference in New York, Jim Chanos said he was conducting an aggressive long-short trade involving MicroStrategy’s stock, MSTR, and Bitcoin
source: https://beincrypto.com/microstrategy-bitcoin-premium-spot-etfs-us-crypto-news/