Wall Street Turns Crypto Bet Loved by Hedge Hunds Into ETF Bait

Wall Street turns crypto bet loved by hedge hunds into ETF bait

Wall Street is repackaging a tried-and-trusted crypto trade into an ETF, betting that a new generation of retail investors want in on an arbitrage strategy beloved by institutional pros.   ETF issuer Defiance has filed with the U.S. Securities and Exchange Commission to launch two exchange-traded funds built around the so-called basis trade—one tied to Bitcoin, the other to Ether. A crypto staple for years, the strategy seeks to profit from the …

Wall Street Turns Crypto Bet Loved by Hedge Funds Into ETF Bait

Wall Street is repackaging a tried-and-trusted crypto trade into an ETF, betting that a new generation of retail investors want in on an arbitrage strategy beloved by institutional pros.

Wall Street Democratizes Crypto Arbitrage with New ETFs Based on the “Basis Trade” - The Cryptocurrency Post

Wall Street is bringing crypto arbitrage strategies, previously dominated by hedge funds, to products accessible to retail investors. Defiance has filed applications with the SEC to launch two ETFs replicating the “basis trade” strategy in Bitcoin and Ether, designed to capture the price differential between spot and futures markets. This initiative could transform market dynamics, open new avenues for diversification, democratize access to retu…