Coinbase Warns About Hidden Risks of Spot Bitcoin ETFs 🚨

Coinbase researchers identified two potential risks with the launch of spot Bitcoin ETFs in the United States: There is a risk that if demand for Bitcoin is very high to back the ETFs, the issuers may have difficulty acquiring enough Bitcoin from regulated exchanges and brokers to meet that demand. One popular trading strategy is taking advantage of the difference between the spot and futures prices of Bitcoin, known as the basis trade.