Institutional Investment in Bitcoin Futures Drops as Price Settles: CFTC

Cointelegraph

Published Apr 13, 2019 02:37PM ET

Institutional Investment in Bitcoin Futures Drops as Price Settles: CFTC

The overall institutional investment in Bitcoin (BTC) futures on the Chicago Mercantile Exchange (CME) decreased this past week, according to data published by the United States Commodity Futures Trading Commission (CFTC) on April 9.

The data shows that as of April 9, institutional investors and asset managers had 244 open long positions, a decrease of 71 from April 2, and 80 open short positions, nine less than one week before. Also, the data show only three open spreading positions for institutional investors, 32 less than the previous week.

Continue Reading on Coin Telegraph