Wu Blockchain (@WuBlockchain): According to Bloomberg, institution-led Bitcoin ETF basis arbitrage has cooled as the spot–futures spread narrows. Bitcoin futures open interest on CM…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC-30Negative
According to Bloomberg, institution-led Bitcoin ETF basis arbitrage has cooled as the spot–futures spread narrows. Bitcoin futures open interest on CME Group has fallen below $10 billion and dropped behind Binance for the first time since 2023, reflecting weaker arbitrage returns rather than a broader pullback by institutional investors. https://x.com/business/status/2013952733145858271?s=20