CME leveraged funds turn net long as weak futures yields undermine the once-popular basis trade.
- CryptoQuant CEO Ki Young Ju says leveraged funds are now net long CME bitcoin futures, a rare shift after years of structural short positioning.
- Leveraged funds have historically remained net short CME Bitcoin futures because of the basis trade of buying spot bitcoin or ETFswhile simultaneously selling futures.
- With the futures basis yielding less than U.S. Treasuries, basis trades are unwinding as bitcoin rebounds from $58,000 to around $65,000.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Cathie Wood says smart investors need to start watching where AI agents spend money
U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
Crypto job postings triple to over 1,200 in September, but applications fall
Cathie Wood says smart investors need to start watching where AI agents spend money
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