
Ah, the markets-that grand chessboard where pawns are dollars and kings are algorithms. In the year 2026, I foresee a maneuver so audacious, so riddled with irony, that it could only be concocted by the minds of those who mistake volatility for virtuosity. Behold: the long DAT, short futures trade, a ballet of financial acrobatics where investors pirouette into Digital Asset Treasury companies (DATs) while moonwalking out of futures. A new wrinkle, indeed, on the hoary old basis trade-a wrinkle as deep and as meaningful as the furrows on a broker’s brow after a bad quarter.