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Arthur Hayes: Basis Trade Shows Signs of Return, ENA May Benefit

On August 25, BitMEX co-founder Arthur Hayes stated that his over-the-counter brokerage has begun receiving inquiries about U.S. dollar borrowing demand. Although current interest rates remain at relatively…

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On August 25, BitMEX co-founder Arthur Hayes stated that his over-the-counter brokerage has begun receiving inquiries about U.S. dollar borrowing demand. Although current interest rates remain at relatively low levels, he believes this could indicate a return of basis trading, and noted that Ethena's related token ENA may benefit from this.

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