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Valkyrie Counters BIS, Says Concern on Bitcoin ETF Front-Running Is Misplaced

crypblzu by crypblzu
December 17, 2021
in Bitcoin
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Valkyrie Counters BIS, Says Concern on Bitcoin ETF Front-Running Is Misplaced
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“To efficiently front-run, you want to have the ability to predict the short-term worth strikes of the underlying [asset] with relative confidence; the volatility of bitcoin and the crypto asset-class makes {that a} notably troublesome process, fraught with threat,” Sui Chung, CEO of CF Benchmarks mentioned in a Telegram chat. “What makes crypto merchandise distinctive, subsequently, is that the volatility of the underlying primarily makes entrance working unviable.”



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