PANews reported on September 17th that Bloomberg ETF analyst Eric Balchunas posted on the X platform that Defiance has submitted an application for a new Bitcoin Basis Market Neutral ETF, aiming to provide investors with a "hedge fund basis trading" strategy. This strategy captures the premium by going long on IBIT (BlackRock's Bitcoin ETF) and shorting Bitcoin futures. They have also submitted an Ethereum version of the product, ticker symbol DETH.
Defiance has submitted an application for a new Bitcoin Basis Market Neutral ETF.
Share to:
Author: PA一线
This content is for informational purposes only and does not constitute investment advice.
Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
