Bitcoin futures etf premiums narrowed to 0

Bitcoin futures ETF premiums narrowed to 0.6% above NAV, suggesting market makers are actively arbitraging inefficiencies and stabilizing fund performance relative to underlying futures exposure. Strategy weathered the volatility of crypto markets with continued purchases during downturns, pushing its position to $8 billion in 2023 and more than doubling that to $41.8 billion by 2024. We’ll review the Bitcoin futures ETF in another section at the end of this article. CME bitcoin futures ETF contracts saw their implied volatility drop from 48% to 42%, a sign that traders expect steadier price action over the next 14 trading sessions. Lower vol often brings more retail flows into regulated ETFs.