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.
0
0
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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Whale address 0xa523 holds a total of 86,800 ETH, valued at $298 millions.
Chaincatcher•2025/08/28 05:07
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$112,929.46
+1.54%

Ethereum
ETH
$4,566.51
-0.68%

XRP
XRP
$2.99
-0.37%

Tether USDt
USDT
$1
+0.00%

BNB
BNB
$870.37
+1.34%

Solana
SOL
$210.6
+3.79%

USDC
USDC
$1.0000
+0.01%

Dogecoin
DOGE
$0.2236
+1.42%

TRON
TRX
$0.3476
-0.83%

Cardano
ADA
$0.8683
+0.51%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now