Episode #1
Anthropic Perps, Prime Brokers, and Longshot Gamblers
Matt Levine on a new ETF that gets its Anthropic and OpenAI exposure through swaps on offshore crypto perpetual futures, plus banks lending to the hedge funds that now do the trading. Also covered: prediction market gamblers who love longshots, and a food influencer's shareholder meeting buffet trade. From the newsletter "Money Stuff: Pre-IPO Perpetual Futures Swap ETF" by "Matt Levine" .

