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What’s with the price of Solana (SOL)?
What’s with the price of Solana (SOL)?

Cryptodaily·2024/06/20 15:25
Spot ETF basis trades driving 80% surge in CME bitcoin futures open interest, analyst says
Spot ETF basis trades driving 80% surge in CME bitcoin futures open interest, analyst says

Spot bitcoin ETFs have contributed to an 80% increase in open interest on the CME bitcoin futures market since their launch earlier this year, an analyst said.The increase in open interest can be attributed to basis trading between spot bitcoin ETFs and CME futures contracts to facilitate arbitrage opportunities, the analyst added.

The Block·2024/06/20 15:13
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