Leveraged funds increase Bitcoin futures net short positions ahead of Fed meeting

According to CFTC data for the week ending September 8, leveraged funds expanded their net short position across four regulated Bitcoin futures markets by 1,669 BTC. The total net short position rose to 39,876 BTC, with the majority of the shift occurring in CME's standard five-BTC contracts. While the increase in short exposure was significant, simultaneous growth in long positions suggests complex strategies, such as basis trades, rather than purely directional bearish bets.