Hedge funds are significantly increasing their short positions on Bitcoin futures at the CME, reaching record highs. Meanwhile, spot Bitcoin ETFs are experiencing a 19-day streak of inflows. This contrast indicates hedge funds' interest in carry trades, where they short futures while holding long positions elsewhere. Despite substantial ETF inflows, Bitcoin's price remains subdued, leading to speculation on future market movements.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
