Data shows that hedge funds shorted Ethereum on CME and began basis arbitrage operations
Odaily News The latest data from the U.S. Commodity Futures Trading Commission (CFTC) shows that hedge funds are shorting Ethereum positions worth a total of US$1.73 billion on the Chicago Mercantile Exchange (CME), and leveraged net positions show a significant short bias.
This operation is considered a typical basis arbitrage strategy, where traders buy spot ETFs while shorting ETH contracts on CME to achieve Delta neutrality and obtain an annualized return of about 9.5%. In addition, if traders choose to buy spot ETH and pledge it, they can also obtain an additional annualized return of about 3.5%.
However, it is worth noting that the current Ethereum spot ETF does not support the staking function and cannot realize additional income. Overall, this type of arbitrage strategy has attracted a lot of institutional attention in the context of the total assets under management of spot ETFs reaching approximately US$12 billion. (CoinDesk)
También te puede interesar
Ganadores
Últimas noticias sobre criptomonedas
Hashet: US Q4 GDP Expected to Decline by 1.5% Due to Government Shutdown
In the past 1 hour, the entire network has seen a total of $54.08 million in liquidations, with both longs and shorts being liquidated.
Acurast has completed a $11 million financing round with participation from Gavin Wood.
Magic Eden has announced that 30% of secondary market revenue will be used for buyback.
Uniswap has launched the Continuous Liquidation Auction protocol (CLA), designed to bootstrap liquidity and distribute tokens upon the launch of Uniswap v4
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y MM:[email protected]
Programa VIP:[email protected]