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#Crypto Market Pullback
Arthur Hayes因對衝基金的ETF銷售導致比特幣跌至$70,000。
他解釋說,擁有IBIT的對衝基金使用套利策略:在CME上開設多頭和空頭頭寸,在現貨市場和期貨市場之間的價格差異上獲利。
如果比特幣下跌,這種差距變小,他們將出售IBIT並在CME上買回資產。