Glassnode: Spot Arbitrage Trading Strategies Increase Significantly, Institutional Traders Use CME Futures to Hedge and Generate Gains
Bitget2024/10/27 22:22
Glassnode's analysis shows a significant increase in spot arbitrage trading strategies, with institutional traders utilizing CME futures to hedge and generate income. Given that the current annualized basis yield is around 9.6%, almost double the yield on short-term U.S. Treasuries, analysts believe that institutional interest in Bitcoin is likely to continue to grow in the coming months.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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