Dan Morehead was one of the earliest institutional investors to pivot a traditional global macro hedge fund fully into crypto in 2013, launching one of the first dedicated bitcoin funds when most institutions were still skeptical. As a former Tiger Management macro trader and CFO, he applies a global macro lens to crypto by treating bitcoin and blockchain as macro trades rather than just tech bets, which shapes how he frames cycles and policy in his commentary. Dan Morehead was one of the earliest institutional investors to pivot a traditional global macro hedge fund fully into crypto in 2013, launching one of the first dedicated bitcoin funds when most institutions were still skeptical. As a former Tiger Management macro trader and CFO, he applies a global macro lens to crypto by treating bitcoin and blockchain as macro trades rather than just tech bets, which shapes how he frames cycles and policy in his commentary.