Bitcoin Arbitrage Yields Shrink as Institutions Pull Back

Bitcoin Arbitrage Yields Shrink as Institutions Pull BackA sharp compression in bitcoin futures spreads is eroding the appeal of the cash-and-carry trade that once drew billions from institutions. Falling yields and shifting market structure now point to a more mature crypto derivatives market. Wall Street Retreats From Bitcoin’s Once-Lucrative Basis Trade One of Wall Street’s most dependable bitcoin strategies is rapidly losing […]

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