Leveraged funds' reported Bitcoin futures shorts fell about 5,300 BTC-equivalent in the week to September 29, according to the Commodity Futures Trading Commission's futures-only figures. The funds' longs fell 908.99 BTC-equivalent during the same week. Their net short narrowed by 4,390.70 BTC-equivalent, from 40,110.83 to 35,720.13. Combined open interest across the covered markets fell 13.31% to 103,343.14 BTC-equivalent. The figures exclude paired spot and ETF holdings, so fewer futures shorts do not establish fresh spot buying or reduced bearish conviction.
