CoinsAQ summary · neutral
Bitcoin futures carry trades are quietly beating Treasuries at 7.89% driving $850M Wall Street Bitcoin ETF spree
What happened
August 7 gross futures carry ranged from 5.69% to 7.89%, above the 4.19% Treasury yield, but public data cannot identify investor motive. Synchronized CME and Treasury observations from Aug. 7 put Bitcoin futures carry above government debt, undercutting a comparison that is.
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