CFTC Data Shows Speculators Increased CME Bitcoin Net Long Positions to 2,756 Contracts

Large noncommercial speculators expanded their net long positioning in CME Bitcoin futures to 2,756 contracts for the week ended September 22, an increase of 288 contracts from the prior week. The aggregate net long exposure corresponds to 13,780 BTC. Meanwhile, overall open interest in CME Bitcoin futures rose by 1,542 contracts to reach 22,315 contracts. Commercial hedgers narrowed their net short position by 452 contracts to 3,109 contracts, representing approximately 15,545 BTC. Leveraged funds held an outright net short position of 7,953 contracts alongside 2,725 spreading contracts.