🚨 Bitcoin Futures Yield Hits Multi-Year Lows
Bitcoin futures' once-profitable carry trade has lost its edge. Annualized basis yields, which exceeded 20% during the 2021 bull market, have now fallen below U.S. 2-year Treasury yields and have remained there since February.
📉 What does this mean?
• Lower arbitrage opportunities for traders.
• Reduced futures trading volume.
• A sign that the Bitcoin market is becoming more efficient and mature.
While short-term profits from the basis trade have shrunk, this could indicate a healthier market with tighter pricing and stronger long-term stability.
💬 Do you think this is bullish for Bitcoin's future, or does it signal weaker market demand?
#Bitcoin #BTC
Bitcoin futures' once-profitable carry trade has lost its edge. Annualized basis yields, which exceeded 20% during the 2021 bull market, have now fallen below U.S. 2-year Treasury yields and have remained there since February.
📉 What does this mean?
• Lower arbitrage opportunities for traders.
• Reduced futures trading volume.
• A sign that the Bitcoin market is becoming more efficient and mature.
While short-term profits from the basis trade have shrunk, this could indicate a healthier market with tighter pricing and stronger long-term stability.
💬 Do you think this is bullish for Bitcoin's future, or does it signal weaker market demand?
#Bitcoin #BTC
