CiTDkaVUx
@kvroovbj
#Bitcoin goblin town incoming: Lots of $IBIT holders are hedge funds that went long ETF short CME future to earn a yield greater than where they fund, short term US treasuries. If that basis drops as $BTC falls, then these funds will sell $IBIT and buy back CME futures. These https://t.co/3PskTxrBPR
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