Markets, Bitcoin News, CME, Futures, News Behind the move is a sharp narrowing in the profitability of the basis trade, in which traders attempt to capture a spread by buying spot bitcoin while selling BTC futures. Behind the move is a sharp narrowing in the profitability of the basis trade, in which traders attempt to capture a spread by buying spot bitcoin while selling BTC futures. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More