Home > Quick > Body

Defiance has submitted a new Bitcoin Basis Market Neutral ETF application

clock
2025-09-17 01:34:55
Bloomberg ETF analyst Eric Balchunas wrote on the X platform that Defiance has submitted a new bitcoin basis market neutral ETF application, aiming to provide investors with a "hedge fund basis trading" strategy.
The strategy captures the premium by going long IBIT (BlackRock's Bitcoin ETF) and shorting Bitcoin futures. At the same time, they also submitted an Ethereum version of the product, code DETH.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.