2023-03-03 22:10:48 CET
in reply to

npub1cl…xxhme on Nostr: A big driver comes from the large spreads seen in crypto markets. They are now liquid ...

A big driver comes from the large spreads seen in crypto markets. They are now liquid enough to hold hundreds of million for a market neutral trading firm and they can get 5-15% annually on spreads instead of say 2% in traditional markets.

We’ll see these spreads close as more Wall St money enters.