$BTC now 😂 | Aman Sai on Binance Square

Trending Articles

Bookmarked and Liked

See original

--

$BTC now 😂

0 people tipped the creator.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

85,087.34

-4.39%

941

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Amansaiofficial

Explore More From Creator

🚨 JUST IN: FBI released a public service announcement saying North Korea is responsible for the $1.5 billion Bybit hack. The FBI called on private sector entities including RPC node operators, exchanges, and DeFi services to block transactions with addresses TraderTraitor actors are using to launder the stolen assets.

--

Have you ever visited this kind of aesthetic view point ? 😅

--

LATEST: @CZ reassures $BTC enthusiasts, “No need to panic, #Bitcoin won’t die.”

--

@cz_binance didn’t sell any crypto . 💪 4 ✅ ignore fuds. Stay Safe.

--

U.S. #Bitcoin ETFs See Record Daily Outflow of Over $930M As Carry Trades Lose Shine to the 10-Yea... Tuesday was a rough day for the crypto market, as bitcoin (BTC) fell to three-month lows below $87,000, dragging the broader market down. More importantly, investors withdrew funds from U.S.-listed spot bitcoin exchange-traded funds (ETF) at an unprecedented rate. The 11 spot ETFs registered a cumulative net outflow of $937.78 million, the most significant single-day redemption since the funds began trading in January 2024, according to data tracked by SoSoValue. Fidelity's FBTC saw the most outflow, totaling $344.65 million, followed by $164.37 million in redemptions from BlackRock's IBIT. The remaining funds registered outflows of less than $100 million each. The weakening appetite for these ETFs could be attributed to the decline in the premium in the CME-listed bitcoin futures, which has dented the appeal of the cash and carry arbitrage. Moreover, these BTC and ETH carry trades now offer barely more than the U.S. 10-year Treasury note, which offered a yield of 4.32% at press time. The strategy, heavily favored by institutions since early last year, involves buying the spot ETF and simultaneously selling the CME futures to pocket the premium while bypassing the price direction risks. According to Velo Data, the annualized one-month basis (premium) in the CME bitcoin futures dropped to 4% Tuesday, the lowest in nearly two years, and down significantly from almost 15% in December. In other words, the yield available on the cash and carry strategy has declined dramatically in two months. The basis in ether futures has also declined sharply to around 5%. The spot ether ETFs listed in the U.S. witnessed a total outflow of $50 million Tuesday.

--

Latest News

Bitcoin(BTC) Surpasses 85,000 USDT with a Narrowed 4.48% Decrease in 24 Hours

--

Users Warned Against Malicious App Leading To Wallet Thefts

--

Solana Ecosystem Tool Squads Enhances Security Measures

--

Op Labs Discontinues Custom Gas Token Beta Feature

--

Bitcoin's MVRV Suggests Potential for Further Growth in 2025

--

Trending Articles

[Click Here and Claim 3000 Shib Coins🎁🎁🎁🎁😇🎁🎁🎁🎁](htt

Shelton Wyles Y28c

Astonishing Bitcoin Exchange Outflows: 8,826 BTC Withdrawn in One Hour – Bullish Sign?

[Join With Me](https://app.binance.com/uni-qr/cpro/Square-Cr

Bitcoin price falls to $83.4K — Should BTC traders expect a swift recovery?

"Elon Musk Warns of U.S. Fiscal Crisis Amid Calls for Government Spending Cuts"

Cookie Preferences

Cookie Preferences