Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.Bitcoin treasury companies are facing a simple but brutal test: can they outperform BTC itself, or should investors skip them and buy the asset outright?“If you aren’t doing that, there’s no reason to do the strategies, just buy a Bitcoin ETF,” said Matt Cole, CEO of Strive Asset Management, during a panel at BTC Asia in Hong Kong.Cole might be best known for being a staunch advocate of GameStop (GME) putting BTC on its balance sheet.On stage, Cole…
Asia Morning Briefing: ‘Just Buy a Bitcoin ETF’ — BTC Treasury Model Faces Reality Check
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