Crypto hedge funds have dramatically reduced their bitcoin exposure to levels not seen since October 2020, according to a report by The Block citing recent data from ETC Group.
Derivatives and securities exchange network Cboe Global Markets is expanding its collaboration with global index provider FTSE Russell by developing new derivatives products, potentially beginning with cash-settled index options tied to the FTSE Bitcoin Index and the FTSE Ethereum Index.
Hedge funds are increasingly betting against bitcoin, with their short positions hitting a new record high, according to a report by Bloomberg citing the latest Commitments of Traders report from the Commodity Futures Trading Commission.
Digital asset investment products saw inflows totalling $2bn last week, bringing the current five-week run of inflows to $4.3bn, according to the latest digital assets fund flows weekly report from CoinShares.
ETF provider ProShares has expanded its product lineup with the launch of two ether-linked ETFs – the ProShares Ultra Ether ETF which targets 2x daily ether returns, and the ProShares UltraShort Ether ETF which targets -2x daily ether returns.
BitMEX, a crypto derivatives exchange and inventor of the 100x leverage perpetual swap, will substantially boost the leverage of its ETHUSD perpetual swap to 200x on the back of the recent US regulatory approval of ether spot ETFs.
Arbelos, a principal trading firm focusing on cryptocurrency derivatives markets, and B2C2, a specialist in institutional liquidity for digital assets, have completed the first bilateral option transaction on a bitcoin volatility index, the BVIV Index.
Digital assets prime brokerage GCEX has appointed Jonathan Brewer as Chief Revenue Officer in a move aimed at driving growth from institutional and professional clients across all several markets including the UK, Denmark and the UAE.
Digital asset investment products saw inflows for the fourth consecutive week last week totalling $185m, taking Toal inflow for the month of May to $2bn inflows and pushing year-to-date inflows past the $15bn mark, according to the latest digital assets
B2C2, a provider of institutional liquidity and credit for digital assets, has opened a new office in Singapore, building on its existing presence in Japan and other financial centres.
