Hedge funds have reduced their net short positions in CME Bitcoin futures by 89% from the December 2024 peak, reaching the lowest level since February 2023. This unwinding reflects the shrinking basis trade premium, now just 4.8% annualized, offering minimal returns over US Treasury yields, making the trade less attractive. Additionally, major hedge funds have cut their spot Bitcoin ETF holdings, and CME futures open interest and trading volume have declined. The reduced basis trade activity means ETF flows may better reflect true Bitcoin demand, but the basis premium remains a key indicator to watch for potential renewed hedge fund interest.
The recent unwind of hedge funds' Bitcoin basis trade offers context for cryptocurrency market activity on Pluang. For readers following crypto assets, here is Pluang's market snapshot as of Nov 12, 2026 20:32 WIB: out of 50 major cryptocurrencies priced, 6 rose and 43 fell today. Notable movers include SXP (Solar) down 46.27% at Rp37 with a typical hold time of 94 days, BAL (Balancer) up 11.14% at Rp16,297 with 85 days typical hold time, and AAVE (Aave) down 9.54% at Rp2,024,701 with a typical hold time of 107 days and Pluang order activity showing 36% sell and 64% buy.
Interlink Electronics announced a 3.4% revenue increase to $3.06 million for Q3 2026 and a 9.6% rise to $9.9 million for the first nine months of 2026, driven by higher shipments of force-sensing and gas-sensor products. The company reported a net lo...
ALS Canada, with renewed funding from TD Bank, is advancing its national strategy for ALS genetics to enhance access to genetic information, counselling, and care for Canadians affected by or at risk of ALS. This builds on the 2024 pilot of the first...
The Canadian ALS Society has renewed funding from TD Bank to expand its national genetics strategy for ALS, improving access to genetic information, counseling, and care for those affected or at risk. This initiative builds on a pilot project that cr...
CollPlant Biotechnologies will change its Nasdaq ticker from CLGN to OPHI starting November 13, 2026, reflecting its strategic shift toward photonic computing through its subsidiary LightSolver. This move highlights CollPlant's focus on developing Li...
Evaxion, a clinical-stage TechBio company, has released its financial calendar for 2027, outlining important dates for business updates and financial results. Key events include the full year 2026 results on March 4, the Annual General Meeting on Apr...
