Institutional traders diverge on Bitcoin futures as market bets shift

Leveraged funds increased their net short position in CME Bitcoin futures by 1,599 contracts for the week ending Sept. 22, while asset managers increased their net long position by 411 contracts. Total open interest for standard CME Bitcoin futures rose by 1,542 contracts to 22,315 during the same period. The CFTC data shows these two major trader groups moving in opposite directions, though the futures-only report does not account for potential offsetting positions in spot Bitcoin or ETFs.