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Luke Stryers, Chief Commercial Officer (CCO) of Deribit, said that we are optimistic that the BTC futures market will maintain its current upward trend in 2024.
In futures contracts expiring in March, June and September next year, there is a 'premium' phenomenon, where BTC is trading at a higher price than the spot price. As the basis (the difference between futures and spot prices) widens, the futures "premium" means that the market expects the spot price to rise in the end.