Bitcoin Trust Plunges As Arbitrage Spreads Collapse
by Tyler Durden
ZeroHedge.com
Dec 21, 2017
Just a week after CME started Bitcoin futures trading (and 2 weeks after CBOE), a number of massive arbitrage premiums have finally started to collapse as shorts dip their toes in a risk-limited way…
The first ‘arbitrage’ is the Bitcoin Futures-Spot spread which was well over $2000 in the first few days of Bitcoin Futures trading. As volumes have picked up in recent days, the premium has compressed to zero today…
This is the worst 3-day run for Bitcoin in over a month.
The Rest…HERE
