Last week’s rush into short products came as bitcoin (BTC) surged to a four-month high above $22,000. Recently trading at $22,750, bitcoin is up more than 40% thus far in 2023. Last July’s big inflow also came alongside a sizable rally when the price rose to above $24,000 from a low of $18,200 in June.
Inflows Into Short Bitcoin Products Picked Up Alongside Rally: CoinShares
