Summary
Prominent bitcoin trader Hayes believes that spot bitcoin exchange-traded funds (ETFs) could create new trading opportunities for traders. These ETFs would allow traders to profit from the price differences between U.S. benchmarks and the rest of the world.
Key Points
1. Spot bitcoin exchange-traded funds (ETFs) could provide newer trading opportunities for traders.
2. Prices for bitcoin often vary between U.S. benchmarks and the rest of the world, creating fluctuations that traders can take advantage of.
3. Traders can potentially profit from the price differences by trading spot bitcoin ETFs.