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Hedge Funds Made Their Rarest Bitcoin Bet in Years, But 2 Charts Say Wait

Published Source: BeInCryptoRead original

AI Summary Hedge funds are the big professional investors who trade to beat the market. For the first time in years, they have turned bullish on Bitcoin. They placed that bet using futures on the Chicago Mercantile Exchange (CME), a regulated US venue. The shift was flagged by CryptoQuant, a data firm. Two other charts, though, hint The post Hedge Funds Made Their Rarest Bitcoin Bet in Years, But 2 Charts Say Wait appeared first on BeInCrypto . fulltext: 437 chars | fulltext source: rss-fallback | summary method: extractive Original: https://beincrypto.com/hedge-funds-bullish-bitcoin-cme-chart-analysis/ Source: BeInCrypto

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