~ 40% of $MSTR shares are owned by retail. ~ 80% of $STRC shares are owned by retail. Retail investors prefer low-volatility, high-yield digital credit.
Led by Mikaela Shiffrin, Ilia Malinin and Jordan Stolz, Team USA is heading to the Milan Cortina Games with a shot at an unprecedented medal haul. https://t.co/Sl4HlaD2uz
Yesterday's ETH ETF flows were negative for $15.8 million making the weekly total a positive $104.8 million.
Blackrock had $19.6 million of inflows.
ETHE had $41.7 million of outflows.
Price has been ranging between $2550 and $2650.
source: @FarsideUK
ETF volume is elevated but not crazy high at all. I'd expect to see $SPY at $30b by now if sht was really hitting fan. Also $VXX is way down at 19th spot (normally it is in top 10 when sky falling). Points to a short-lived selloff but who knows!
@osf_rekt@loomdart@RaoulGMI lets assume you are right, why would they buy spot ETF's and hedge on the perp via CEX? Why not buy the spot on the CEX and hedge on the CEX?
@osf_rekt This only makes sense if the funding rate provided an incentive to arb before the ETF flows came in? But the funding rate was small positive (0.01%) pre midnight... so the the arb was only incentivised today? But the ETF's are not open yet?