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Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps

Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps

Institutions recently raised their bullish bets in bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) to the record level set last month amid signs of market maturity. In the week ended Oct. 13, institutional investors increased long positions by over 9%, taking the tally of bullish bets to the record high of 3,500 contracts reached in mid-September.







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