EconomyBitwise’s 14% XRP futures yield gap shows how institutions quietly extract cash from traders
Bitwise’s Crypto Carry Fund paired its custodial XRP with a nearly equal short position in Coinbase XRP futures, offsetting 97.48% of the quantities. Futures traded about 0.91% above spot, which Bitwise annualized to a 14.57% implied yield. The figure is not a realized return and excludes unspecified execution, financing, custody, margin and roll costs, while residual exposure remains.
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CryptoSlate★★☆☆☆2026-09-04 21:10Original
Bitwise’s 14% XRP futures yield gap shows how institutions quietly extract cash from traders
Economy