#Securitize Bitcoin Returns Double#
Hot Topic Overview
Overview
Securitize announced that its Bitcoin spot trading yield has nearly doubled to 20.71%. This was achieved by converting stablecoins to BlackRock's BUIDL fund and engaging in Bitcoin spot trading with trading firm QCP. This means Securitize can earn a 20.71% return annually. This news indicates Securitize's significant success in arbitrage trading within the cryptocurrency market and reflects the growing interest of institutional investors in the cryptocurrency market.
Ace Hot Topic Analysis
Analysis
Securitize achieved a 20.71% annual return on its Bitcoin-based trades with trading firm QCP by converting stablecoins into BlackRock's BUIDL fund and using it as collateral. This nearly doubled Securitize's Bitcoin return. The improved return is primarily attributed to the BUIDL fund collateral, which allowed Securitize to secure lower borrowing costs, thereby enhancing the profitability of the trades. This move by Securitize demonstrates the potential for achieving higher Bitcoin returns by leveraging institutional capital and DeFi tools, a positive signal for investors.
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Public Sentiment
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Classic Views
Securitize achieved a 20.71% annualized return on its Bitcoin spot trading with trading firm QCP by converting stablecoins into the BUIDL fund.
Securitize doubled its Bitcoin spot trading returns by using BlackRock's BUIDL fund as collateral.
Securitize's Bitcoin Cash and arbitrage trading returns also nearly doubled, reaching 20.71%.
Securitize's success story shows that higher returns can be achieved by converting stablecoins into the BUIDL fund.