CoinDesk·3 min read·medium
A rare CME shift: Hedge funds abandon structural shorts to bet on a bitcoin rally
J
James Van Straten
✦AI Summary
Hedge funds on the CME have shifted from structural short positions to net-long on bitcoin futures, signaling a change in institutional sentiment. This move suggests that professional traders are increasingly betting on a price rally as traditional basis trade strategies become less profitable.
The rare positioning shift suggests professional traders are increasingly betting on bitcoin prices rising.
businesscryptoeconomy
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