Hedge Funds Go Bullish on Bitcoin Futures

in #wsj • 7 years ago

Hedge Funds Go Bullish on Bitcoin Futures - WSJ

https://www.wsj.com/amp/articles/hedge-funds-go-bullish-on-bitcoin-futures-1517006939

Most recent CFTC report showed leveraged funds with 1,142 long positions in bitcoin futures, more than double the 518 short positions they held Hedge funds have swung their bitcoin-futures bets to the bullish side for the first time, a marked turn around from a few weeks ago, according to figures released on Friday.

The data from the Commodity Futures Trading Commission suggests a shift in sentiment among so-called “leveraged funds,” a category that includes hedge funds. Ever since late December, when the CFTC began publishing weekly reports on the new bitcoin-futures market run by Cboe Global Markets Inc., E3C341CE-A6F0-4951-AF3E-BDA38DAD8EF1.jpeg

#cryptocurrency #bitcoin #futures #news
7 years ago in #wsj by
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