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'Long Bitcoin' It Ain't: Crypto Traders Make Sense of Renaissance Filing

How might Renaissance approach bitcoin as an underlying asset, given the hedge fund’s reputation for using mind-bending math to find profits?

SECOND COMING? News of asset manager Renaissance considering bitcoin futures set off a raft of institutional speculation. (Detail from "Last Judgement" by Michelangelo, Sistine Chapel. Credit: Shutterstock)
SECOND COMING? News of asset manager Renaissance considering bitcoin futures set off a raft of institutional speculation. (Detail from "Last Judgement" by Michelangelo, Sistine Chapel. Credit: Shutterstock)