Arthur Hayes: Bitcoin Flash Crash May Have Been Caused by an IBIT Structured Product Issuer's Hedge

BlockBeats News, February 7th, Arthur Hayes posted on social media, suggesting that the initial drop in BTC price may have originated from traders hedging against IBIT (BlackRock Bitcoin Spot ETF) structured product. He later plans to systematically compile a list of all relevant notes issued by major banks to more clearly identify key trigger points that could cause significant price fluctuations.