Woonderful
@wooncharles
Trying to make it in the crypto arena
ID: 1310784548377034753
29-09-2020 03:32:55
13,13K Tweet
783 Followers
927 Following
Institutions aren’t “coming” for Bitcoin the way we thought. The giant ETF flows we cheer for aren’t macro bets against the dollar. They’re hedge funds and prop desks running the oldest arb in the book: Buy spot ETF → short CME future → lock in the basis → stay delta zero →