The spread between bitcoin and ether perpetual funding rates recently collapsed to an annualized level of -9%, according to data tracked by Glassnode. The decline is a sign that investors are willing to pour money into smaller, risky altcoins, expecting to generate a large profit. Watch "Chart of the Day" explain: https://www.coindesk.com/video/falling-bitcoin-ether-futures-spread-shows-rising-risk-appetite-for-alts/?term=organic&utm_campaign=CoinDesk&utm_content=coindesk tv,ChartSponsor,Crypto.
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