TechFlow, Sept. 17 — According to Bloomberg senior ETF analyst Eric Balchunas, Defiance has filed an application for a new bitcoin basis market-neutral exchange-traded fund (ETF).
This product will execute the popular "hedge fund basis trade" strategy for investors by simultaneously holding long positions in spot bitcoin ETFs and short positions in futures, aiming to profit from the spread between the two while reducing exposure to bitcoin price volatility.




