Wall Street turns crypto bet loved by hedge hunds into ETF bait

fortune.com/crypto/2025/09/17/crypto-basis-trade-bitcoin-ethereum-etfs

Wall Street is repackaging a tried-and-trusted crypto trade into an ETF, betting that a new generation of retail investors want in on an arbitrage strategy beloved by institutional pros.
ETF issuer Defiance has filed with the U.S. Securities and Exchange Commission to launch two…

This story appeared on fortune.com, 2025-09-17 17:24:46.
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