TradeStation exec reveals surprising truth about $10 trillion crypto market cap

From thestreet.com

During a conversation with TheStreet Roundtable Scott Melker, James Putra, SVP of Strategy at TradeStation, broke down how traditional hedging strategies are finally becoming viable in the crypto markets. “In the past, you really couldn't execute any traditional hedging strategies in crypto,” Melker noted, pointing to the historical lack of tools like options. Putra didn’t hesitate. “100%,” he replied. “We're seeing a lot of interested people doing the basis trade… ETF products being used as margin to leverage up into other areas.” Founded in 1982, TradeStation is a U.S.-based online brokerage ... (full story)