📉 Institutional Appetite for Bitcoin Futures Cools — CME Premium Drops to 8-Month Low
The CME Bitcoin futures premium has plunged to 4.3%, its lowest since Oct 2023, signaling a cooldown in institutional momentum heading into Q3 2025.
🔍 Key Takeaways:
• CME 3-month basis fell from >10% earlier this year → now just 4.3%
• Cash-and-carry arbitrage setups drying up — returns no longer justify risk
• Funding rates turned negative on offshore exchanges — bearish bias intensifying
• Bitcoin consolidating tightly: $105K – $107.7K
• Whale behavior shows profit-taking + capitulation = local exhaustion?
📊 While institutions increased BTC holdings in Q2, the recent decline in yield spreads suggests less confidence in near-term upside.
🧠 “This is a risky environment,” warns 10x Research.
Low premiums = less arbitrage, more uncertainty.
Is this a pause before the next leg, or signs of a deeper pullback?
$ETH ETH
#REX-OSPREYSolanaETF #OneBigBeautifulBill #NODEBinanceTGE #TRXETF #VoteToListOnBinance