Glassnode: Institutional spot trading strategies reduce immediate upward pressure on spot prices
2024-06-12 21:18:55
On June 12th, Glassnode analysts said on Wednesday that a major factor affecting the demand side pressure of US spot ETFs is the adoption of cash arbitrage strategies by institutional traders. Since traders buy Bitcoin spot and immediately hedge by selling Bitcoin futures, this can reduce the immediate upward pressure on the spot price. This spot arbitrage trading structure appears to be a significant source of demand for ETFs. ETFs are used as a tool to gain long spot exposure, at the same time as net short positions in Bitcoin on the CME Group futures market are increasing.
7x24 快讯
热门资讯
Vitalik：“DAO”意味着“项目”，“official”则意味着“骗局”pump.fun月收入超过Uniswap，在所有区块链中排名第四Baby Doge：已发起提案拟放弃以太坊和BNB Chain上的代币合约PayPal 稳定币 PYUSD 将上线 SolanaBitget推出3月合约排位赛，总奖池10万枚BGBBinance Labs投资孵化器第六期7个项目，包括Cellula、NFPrompt等Aevo已上线AEVO Pre-launch合约，现报价2.6美元币安未来几天将进行钱包维护，期间或出现大额转账Bithumb将停止支持Velo Protocol（VELO）交易，并将Conan（CON）指定为投资警示项目Framework Ventures过去14小时向Coinbase存入400万枚SNX富达FBTC和Valkyrie BRRR昨日净流入额均创新高Aevo上线Wormhole（W）Pre-launch合约，现报价1.79美元
