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It's not SpaceX. Bitcoin ETF outflows may be an arbitrage story

It's not SpaceX. Bitcoin ETF outflows may be an arbitrage story

Hex37's read

  • Bitcoin ETF outflows are being analyzed for their cause.
  • Some suggest IPOs like SpaceX are driving outflows.
  • Sygnum's Fabian Dori points to arbitrage as a likely cause.

What it means for traders

  • Arbitrage opportunities may be influencing Bitcoin ETF flows.
  • Focus on potential arbitrage strategies rather than IPOs for BTC trading.

Affected markets

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