Investment Products Shorting Bitcoin See Record Inflows

From blockworks.co

Despite continued low trading volumes and declining assets under management in crypto investment products overall, money going into the budding short bitcoin offering space reached an all-time high. Crypto investment products had roughly $9 million in inflows last week, according to a Tuesday report by CoinShares, stopping a three-week run of outflows. Negative sentiment was highest in the US, which saw relatively flat flows masked by a record $18 million into products betting against bitcoin. chart Short bitcoin investment products now have $158 million in assets under management — a new high — according to ... (full story)