.Proshare's Short Bitcoin Strategy exchange-traded fund, $BITI, has been facing rising outflows since late November. Yet, the short exposure remains. Chart of the Day explains the data, presented by cryptocom:
ProShares Short Bitcoin Strategy 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.
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