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Jeff Park of crypto asset manager Bitwise is making a pointed case for $BTC ownership: abstaining from Bitcoin is not a neutral stance but a directional bet against it.
The argument, surfaced by Benzinga, reframes the decision to hold zero bitcoin as a form of active short exposure — a framing that cuts against the common assumption that doing nothing carries no risk.
What "Short" Means Here In financial markets, being "short" an asset means you are positioned to profit if it falls and lose if it rises.
Park's formulation borrows that logic and applies it to portfolio construction: if Bitcoin's price rises and you hold none, you have underperformed relative to anyone who did own it.
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