CoinShares executives: Most basis trades have been closed, and the sell-off appears to be fading

2025-02-28 18:13:26 5 hours ago CoinRank

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CoinRank News: “While net outflows from Bitcoin and digital asset ETPs/ETFs have totaled $2.6 billion so far this week (a record high), it appears that most basis trades have been unwound and the selling frenzy is fading,” said James Butterfill, head of research at CoinShares, in a post on the X platform.

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