Institutional Investment In Bitcoin Futures Dropped During Price Correction

Institutional investment in Bitcoin Futures dropped over the last week, as the crypto markets experienced a price correction following their bullish run throughout the month of April.

According to a report published by the United States Commodity Futures Trading Commission (CFTC), institutional investment into the Chicago Mercantile Exchange (CME) for BTC-based futures contracts saw a steep decline. The report, which covers positions taken up to April 9th, revealed that institutional investors and managers held 244 open long positions on BTC futures, a decrease of 71 since the last report released on April 2.

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