Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
CoinGape 2022-07-04 14:21:40

Institutional Traders Are Shorting Bitcoin At Record Pace, Here’s Why

Interest in shorting Bitcoin rose to record levels among institutional investors after the launch of the United States’ first short-bitcoin ETF. The digital asset fund flows weekly report by CoinShares reveals that short-bitcoin investment products saw inflows worth $51 million through the past week. Other Bitcoin-linked products saw a small inflow worth $0.6 million. In The post Institutional Traders Are Shorting Bitcoin At Record Pace, Here’s Why appeared first on CoinGape.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.