Dying for a Bitcoin Futures ETF? Watch Out for ‘Contango Bleed’ — CoinDesk

Dying for a Bitcoin Futures ETF? Watch Out for ‘Contango Bleed’ — CoinDesk

“The futures-based ETF, if approved, will be an inefficient product,” Ilan Solot, global market strategist at Brown Brothers Harriman, told CoinDesk. “Because bitcoin’s futures curve is typically in contango, the fund is going to suffer from a negative rollover.”

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