Bitcoin: Institutional Investors Short BTC – Here’s Why

Institutional digital asset investment products experienced minor outflows last week, with large inflows going into short products.

According to the latest Digital Asset Fund Flows Weekly Report by CoinShares, institutional digital asset investment products witnessed minor outflows last week.

On the other hand, short investment products received significant inflows.

Digital asset investment products saw outflows amounting to US$2m; however, short investment products, designed to benefit from falling prices, experienced the largest inflows.

Bitcoin products, in particular, suffered the heaviest hit of outflows amounting to $11.7 million. Conversely, short-Bitcoin products saw substantial inflows of $9.9 million.

CoinShares believes that nervousness among US investors, triggered by the recent stronger-than-expected macro data releases and regulatory crackdowns in the US, has led to this negative sentiment.

coinshares

CoinShares also reported that altcoins experienced mixed inflows and outflows, with Cardano (ADA), Solana (SOL), and Polygon (MATIC) institutional investment products seeing inflows of $0.4, $0.5, and $0.6 million, respectively.

However, Ethereum (ETH), Litecoin (LTC), and multi-asset investment vehicles suffered outflows.

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Andrey Kunev

Reporter at CoinsPress

Andrey Kunev is a knowledgeable cryptocurrency content creator passionate about the crypto market. With extensive experience in market analysis and investment reporting, Andrey is a valuable asset to the CoinsPress team. As a frequent contributor, he offers insightful and comprehensive coverage of market trends, price fluctuations, and new advancements in cryptocurrency. Whether you're a seasoned investor or just getting started, Andrey's clear and concise writing offers a comprehensive look at the current state of the crypto market and its prospects. Stay up-to-date with CoinsPress's expert analysis and commentary on all things cryptocurrency.