Bitcoin futures
Futures premiums saw a decline over the last week as bitcoin ranged but stays higher than July levels. The futures premiums have declined below 3% in the bitcoin futures market after touching 2-month highs last week of 5%. Still, the current 3-month basis remains higher than what we’ve seen since contagion created havoc in the market in June.Preview
Bitcoin perps: Funding rates still tumbling below neutral levels
Funding rates have trailed below neutral territory as BTC has spent most of the week ranging between $23,000-$24,000.Preview
Ethereum
Ether futures are trading at all-time lows relative to the spot market, while open interest see substantial growth. We further expand on the emerging trading strategies in Ether that causes these dynamics in the article "ETHPoW and ETH2: The story of miners vs. social consensus and trading opportunities".Preview
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