Big institutional money is split on Bitcoin’s next move as massive market bets shift

Big institutional money is split on Bitcoin’s next move as massive market bets shift

Summary

In the week to Sept. 22, leveraged funds increased their net short position in standard CME Bitcoin futures by 1,599 contracts to 7,953, while asset managers expanded their net long by 411 contracts to 3,171. Open interest rose by 1,542 contracts to 22,315. These futures positions do not establish whether traders also held offsetting spot Bitcoin, and the CFTC data reflects Tuesday activity rather than current market trading.