Short ETF exposure nearing all-time highs

ProShares’ short BTC ETF’s AUM has climbed towards new highs as more traders seek to speculate on downside in BTC, with BTC trailing near range lows.
Source: Proshares, Tradingview (Coinbase)

On Friday September 23rd, BITI’s BTC equivalent short exposure grew to 5,270 BTC. This is the third highest short exposure held by BITI since launching in June.

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