Billions in Returns from TradFi: Arthur Hayes Mentioned Potential Returns from Bitcoin ETFs

Crypto News – According to a blog post published on Tuesday by Arthur Hayes, the former CEO of BitMEX, a number of reasons, including market inefficiencies and the uncorrelated behavior of Bitcoin (BTC) to traditional assets, may draw billions of dollars in capital from wider financial markets.

Billions in Returns from TradFi: Arthur Hayes Mentioned Potential Returns from Bitcoin ETFs

Spot Bitcoin exchange-traded funds (ETFs), according to one of the first well-known Bitcoin traders, Hayes, may present traders with more opportunities to trade because of price fluctuations between the asset registered in U.S. benchmarks and the rest of the world, which will allow traders to profit from the discrepancy.

Bitcoin is a global market, and price discovery happens primarily on Binance (I guess based in Abu Dhabi). For the first time in a long time, the bitcoin markets will have a predictable and long-lasting arbitrage opportunity

Hayes

Hayes Expects Attractive Spot Arbitrage Opportunities

According to Hayes, spot ETF products will start to appear in significant Asian markets that handle China’s southbound movement, such as Hong Kong. According to him, the existence of these strictly regulated bourses and native cryptocurrency exchanges may lead to increased market inefficiencies and, consequently, profit possibilities.

Hopefully, billions of dollars of flow will be concentrated in an hour-long period on exchanges that are less liquid and price followers of their larger Eastern competitors. I expect there to be juicy spot arbitrage opportunities available,

Hayes