CoinShares Report Shows Major Outflows From Bitcoin Short Funds

CoinShares Report Shows Major Outflows From Bitcoin Short Funds


Investors redeemed a net $5.8 million from short bitcoin funds in the seven days through June 17, the crypto asset manager CoinShares wrote Monday in a report. (A “short” position in financial markets is a bet on a price decline.) At the beginning of the week, assets under management (AUM) in these funds had hit an all-time high of $64 million.

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