Hedge funds move into Bitcoin futures


Following the recent drop in the price of bitcoin and other crypto assets, Chicago Mercantile Exchange hedge funds are launching their short-term bets in other markets they deem more lucrative in the short term.

Their absence has led to a dramatic drop in open interest in bitcoin futures on the exchange and highlights the critical role this segment plays in priming liquidity for institutional derivative markets. That said, this observation could also be seen as another signal that the crypto market is stabilizing and preparing to resume its upward trajectory.

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I write about digital asset trends and tinker with the Forbes Digital Assets tools and features our viewers need.

My past roles have been to run the capital

I write about digital asset trends and tinker with the Forbes Digital Assets tools and features our viewers need.

My previous duties consisted of carrying out research on capital markets for institutional audiences. I’m now applying this analytical expertise to help individual investors decipher how digital assets fit into the financial services business.

I wrote my first digital asset report in 2016 on the 10 best blockchain platforms with promising use cases in capital markets. Prior to my days as an analyst, I was head of sales for Interbank FX, a fast growing brokerage firm that was ranked 46th in 2008 by INC magazine. I have also worked for Credit Suisse and BankBoston in research roles and was a treasury analyst for a multi-billion dollar nonprofit.

Graduated from the MBA program at Brigham Young University; speak Spanish, French and Portuguese; McGraw-Hill published the author (“The Forex Trading Manual”, 2012).




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