Crypto Fundamental Investor/Analyst

Josh Du

I've been an investor all my career with experiences across multiple asset classes, worked at shops like Horizon (PM), Ninemasts (PM), Kelusa (Analyst), Morgan Stanley (Research), Deutsche Bank (Special Sits)

Currently, my focus is 100% directed at identifying, investing in, and sharing investment ideas in the crypto asset class as I believe this will the fastest growing space for years to come. 

Although I'm a major believer in the macro thesis of crypto, my research will be bottomsup focused and will breakdown crypto investments into their fundamental components that investors with institutional experiences will be familiar with.

BTC Cash-And-Carry Arb Update: Aftermath from the Crash, and How to Time the Trade

Crypto - A Simple (Non-Fundamental) Investment Thesis

Bitcoin: Network Hash Rate Tumbled 15% as Kazakh Gov Shuts Internet - What Happened?

NASDEX Ltd

We believe that the tokenization of all asset classes, including stocks, is inevitable as the world further increases adoption of crypto and blockchain technology.

NASDEX is designed to serve as a bridge between the crypto world and the equity world. We believe that the onchain adoption of the equity asset class will deliver increased accessibility with improved capabilities for both crypto and equity investors

Crypto

<ul>
<li>Step 1: Long GBTC, which owns 3.5% of all bitcoin, at a 14% discount to NAV</li>
<li>Step 2: Short bitcoin future which is trading at a 4% premium to spot</li>
<li>Step 3: Wait for GBTC's conversion to a spot ETF while collecting the spread between spot and futures price</li>
</ul>


Step 1: Long GBTC, which owns 3.5% of all bitcoin, at a 14% discount to NAV
Step 2: Short bitcoin future which is trading at a 4% premium to spot
Step 3: Wait for GBTC's conversion to a spot ETF while collecting the spread between spot and futures price


2022 High Conviction: Buy Bitcoin at 14% Discount; Cash-And-Carry Futures Arb