Name: Net Short Exposure in BITI ETF Still Well Above Summer Highs
Uploaded: 2022-12-07T20:42:42.000Z
Duration: 42 s
Description: ProShares Short Bitcoin Strategy (BITI) ETF has faced rising outflows since late November, yet the net short exposure remains elevated at the equivalent of over 6,000 BTC – well above the summer highs. "Countertrading extreme BITI inflows could be a promising trading strategy," according to Arcane Research. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

CD20$2,009.981.66%BTC$73,257.850.19%ETH$2,004.920.031%XRP$1.342.43%SOL$82.170.47%

Net Short Exposure in BITI ETF Still Well Above Summer Highs | CoinDesk Videos

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CD20$2,009.981.66%BTC$73,257.850.19%ETH$2,004.920.031%XRP$1.342.43%SOL$82.170.47%

Net Short Exposure in BITI ETF Still Well Above Summer Highs | CoinDesk Videos