basis trading," leveraging the futures-to-spot spread for profit. - Lookonchain - Looking for smartmoney onchain" /> basis trading," leveraging the futures-to-spot spread for profit. - Lookonchain - Looking for smartmoney onchain" />

Lookonchain APP

App Store

Defiance is planning to launch an ETF built around "basis trading," leveraging the futures-to-spot spread for profit.

2 hours ago

On September 18th, as per Cryptoslate, the ETF issuer Defiance has submitted an application to the U.S. Securities and Exchange Commission for the launch of two ETFs centered around "Basis Trading", which are pegged to Bitcoin and Ethereum. The purpose is to profit from the spread between the spot market and futures contracts while essentially reducing the impact of significant price fluctuations.
Relevant content

Bitcoin briefly drops below $115,000

On September 18th, according to HTX market data, Bitcoin briefly fell below $115,000 and is currently trading at $115,392.

8 minutes ago

Fed Dot Plot Shows More Dovish Outlook, with One Official Expecting a 150 Basis Point Rate Cut This Year

September 18th: According to the Federal Reserve's dot plot, among 19 officials, 1 official thinks that there will be no rate cuts in 2025 (compared to 7 officials in June). 6 officials believe that there should be a cumulative 25-basis-point rate cut in 2025, which means a single rate cut (compared to 2 officials in June). 2 officials think that there should be a cumulative 50-basis-point rate cut in 2025, indicating two rate cuts (compared to 8 officials in June). 9 officials believe that there should be a cumulative 75-basis-point rate cut in 2025, signifying three rate cuts (compared to 2 officials in June). 1 official (most likely Milan) believes that there should be a significant 150-basis-point rate cut in 2025, suggesting that there may be at least two more significant rate cuts within the year. (Jinshi)

8 minutes ago

JPMorgan Chase: Fed Sees Unexpected Unity in Rate Cut Support, Fiscal and Monetary Policies to Remain Accommodative

September 18th. Based on the Fed's dot plot, among 19 officials, only 1 official holds the view that there should be no rate cut in 2025. JPMorgan analyst Michelle considers it astonishing that there is only one dissenting opinion, resulting in a "united" Fed on this occasion. Currently, there is relatively little worry about inflation, and fiscal and monetary policies will continue to be accommodative. (FXStreet)

8 minutes ago

After the Interest Rate Cut, Ethereum Dropped to $4,412 Before Recovering

On September 18th, based on HTX market data, following the interest rate cut, Ethereum once dropped to $4,412. Subsequently, it began to rebound and is now priced at $4,490.

8 minutes ago

After the interest rate cut, spot gold hit a new high of $3704 per ounce.

On September 18th, following the announcement of the Federal Reserve's decision, the spot gold price reached a record high of $3,704 per ounce, exceeding the previous high of $3,703.1 per ounce. It has seen a year-to-date increase of more than 40%. (Oriental Fortune Network)

8 minutes ago

The Federal Reserve Cuts Interest Rates by 25 Basis Points, Resumes Rate-Cutting Pace

On September 18th, the Federal Reserve reduced its benchmark interest rate by 25 basis points to a range of 4.00% - 4.25%, which was in line with market expectations and resumed the rate-cutting cycle that had been paused since last December. (Xinhua)

8 minutes ago