BlackRock Spot Bitcoin ETF Inflows Surpass $20B Milestone
Cumulative net creations in the largest US spot bitcoin product crossed a threshold that took gold ETFs several years to reach.
By Sarah Jenkins ·
Markets
Price action, liquidity flows and trading structure across digital asset venues.
Yield Curve Steepening Impacts Stablecoin Reserves
Issuers holding short-dated government paper are reporting shifts in reserve income as the front end of the curve moves.
By David Chen ·
Perpetual Futures Open Interest Hits Record on Offshore Venues
Leverage has migrated back to non-US platforms even as regulated futures volumes grow, leaving basis traders with a widening set of funding rate dislocations.
By Hannah Weiss ·
Order Book Depth Thins During Asian Trading Hours
Liquidity providers have narrowed their coverage windows, producing measurably wider spreads in the hours between the Tokyo open and the London handover.
By Hannah Weiss ·
Options Market Prices Muted Volatility Into Quarter End
Implied volatility on front-month contracts has drifted toward the lower end of its two-year range, a positioning that leaves the market exposed to a shock.
By Sarah Jenkins ·