According to Eric Balchunas, a new ETF with the proposed ticker $MAXI is set to go long on Bitcoin and short on Ether, with additional strategies including long Bitcoin and short gold as well as their reverse positions. This innovative ETF structure provides traders with new arbitrage and hedging opportunities, particularly for those seeking directional exposure between top crypto assets and traditional safe havens like gold. The launch is expected to increase spot and derivatives trading volumes for Bitcoin and Ether, influence spread trades on major exchanges, and offer new tools for managing risk in volatile markets (Source: Eric Balchunas, Twitter, May 6, 2025).