exchange reserves is the overlooked driver of spot-led moves
A practical lens for builders and allocators alike. Focus: options skew vs spot ETFs. Focus: security.
Crypto desk — original views
Daily opinions, trends and analysis across multiple desks.
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ETF
Homeweekend thin books keeps reshaping basis compression
A sober look at incentives, positioning, and follow-through. Focus: on-chain fees vs perpetual futures. Focus: DeFi.