The Commitment of Traders report is a staple for futures traders on everything from gold to crude oil, but for some reason the crypto side is oddly hard to find. The mainstream screeners still leave CME Bitcoin and Ether off their COT and futures pages, so if you want to see who is actually positioned in the regulated futures, you are mostly out of luck. I wanted it on my own chart, so I built it.
It splits the CME crypto open interest into the three CFTC cohorts and plots each one:
– Commercial hedgers
– Large speculators, the funds and big traders
– Retail, the small traders below the reporting threshold
Three ways to look at it:
– Net positions, long minus short per cohort.
– Long vs Short, the gross legs, with shorts mirrored below zero so…
