Name: Falling Bitcoin-Ether Futures Spread Shows Rising Risk Appetite for Alts
Uploaded: 2024-02-28T19:33:10.000Z
Duration: 1 min 27 s
Description: The spread between bitcoin and ether perpetual funding rates recently collapsed to an annualized level of -9%, according to data tracked by Glassnode. The decline is a sign that investors are willing to pour money into smaller, risky altcoins, expecting to generate a large profit. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

CD20$2,034.240.58%BTC$75,739.751.14%ETH$2,073.570.88%XRP$1.330.78%SOL$83.730.49%

Falling Bitcoin-Ether Futures Spread Shows Rising Risk Appetite for Alts | CoinDesk Videos

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CD20$2,034.240.58%BTC$75,739.751.14%ETH$2,073.570.88%XRP$1.330.78%SOL$83.730.49%

Falling Bitcoin-Ether Futures Spread Shows Rising Risk Appetite for Alts | CoinDesk Videos