Bitcoin Carry Trades Beat Treasuries as ETF Flows Hit $850M
The $850M ETF spree is not automatically a one-way Bitcoin bet: basis trades can pair ETF buying with futures shorts, while IBIT's size can turn into resistance near $60,000.
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The $850M ETF spree is not automatically a one-way Bitcoin bet: basis trades can pair ETF buying with futures shorts, while IBIT's size can turn into resistance near $60,000.