Bloomberg Crypto

Arb Trades Are Back in Vogue in Latest Ether Push

A screen showing cryptocurrency market movements at an exchange in Barcelona, Spain.

Photographer: Angel Garcia/Bloomberg
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David Pan takes a deeper look at the how traders are trying to shake Ether from its doldrums.

Bitcoin’s record-breaking rally has hedge funds dusting off a tried-and-true arbitrage strategy for the market’s second-largest digital asset, Ether.