“Backwardation” Will Allow Bitcoin Futures ETFs to Buy The Dip
December 15, 2021 at 16:37 PM EST
With bitcoin slipping below $50,000 recently, futures-focused exchange-traded funds (ETFs) like the Valkyrie Bitcoin Strategy ETF (BTF) will be able to purchase the leading cryptocurrency as it dips and exhibits “backwardation.” Backwardation refers to a market condition in which future...
