Recently, traders have sold $80,000 BTC call options expiring at the end of May to generate additional yield, one observer said.
Structural Issues May Be Causing BitMEX’s Low Bitcoin ‘Cash and Carry’ Returns
BitMEX may be one of the largest crypto derivatives platforms, but it offers the lowest return on bitcoin “cash and carry” trades.
Stablecoin Demand May Drop if Traders Abandon Bitcoin ‘Cash and Carry’ Strategy
Institutional demand for stablecoins may cool because yield on “carry trades” has been cut in half since Monday.