¿Los reembolsos de aranceles fueron comprados por 20 centavos por dólar por Cantor Fitzgerald, custodio del Tesoro respaldado por monedas estables?
Burns Brief
Cuando la Aduana lanzó el portal de reembolsos CAPE, puso certeza administrativa detrás de una clase de activos que Wall Street ya había comenzado a valorar. El sentimiento del mercado se está volviendo positivo, y los operadores y analistas señalan un posible impulso de seguimiento en las próximas sesiones. Esté atento a la reacción de $BTC $NEAR: un movimiento decisivo por encima o por debajo de niveles clave confirmará la próxima tendencia.
When Customs launched the CAPE refund portal, it put administrative certainty behind an asset class that Wall Street had already begun pricing. As of Apr. 9, 56,497 importers had registered for electronic refunds totaling $127 billion, out of roughly $166 billion the government expects to be returned after the Supreme Court ruled in February that IEEPA did not authorize President Donald Trump's tariffs. CBP says valid claims will generally be paid within 60 to 90 days . That timetable has brought a set of questions back into focus, including what Cantor Fitzgerald actually did with tariff-refund rights, and what Howard Lutnick knew about it while serving as Commerce Secretary. WIRED reported in July 2025 that a Cantor representative had approached importers offering to buy tariff-refund rights for 20 to 30 cents on the dollar , claimed the firm had capacity for “several hundred million” of these trades, and said Cantor had already put through a transaction representing about $10 million of IEEPA rights. The pitch described an arbitrage scheme consisting of buying distressed claims from importers who wanted liquidity now and collecting at or near par when courts ruled the tariffs unlawful . Cantor called the reporting “absolutely false,” with a February report by Semafor noting that the firm had considered the product but decided against it, and quoted a spokesman saying Cantor had “never executed any transactions or taken risk on the legality of tariffs.” Related Reading Bitcoin faces a $175B liquidity shock as tariff refunds move to trade court The refund fight moves to trade court, but markets are already pricing a potential cash transfer that could reshape liquidity fast. Feb 22, 2026 · Gino Matos As of Apr. 21, these two records sit unresolved. The structural position Howard Lutnick occupied made that dispute combustible from the start. He publicly backed across-the-board tariffs and advised Trump to pursue them while Cantor's investment bank was exploring ways
Key Takeaways
- When Customs launched the CAPE refund portal, it put administrative certainty behind an asset class that Wall Street had already begun pricing
- CBP says valid claims will generally be paid within 60 to 90 days
- The pitch described an arbitrage scheme consisting of buying distressed claims from importers who wanted liquidity now and collecting at or near par when courts ruled the tariffs unlawful
- The structural position Howard Lutnick occupied made that dispute combustible from the start
- Cantor Fitzgerald has publicly served as a custodian for Tether’s US Treasury holdings, tying Lutnick’s former firm to one of crypto’s most important reserve pools