Time To Buy Ethereum? Smart Money’s View

Some might consider the phrase ‘smart money’ within a crypto investing context to be an oxymoron. But there is plenty of institutional trading interest in digital assets, perhaps in part because for many hedge funds volatility equates to profit making opportunities, even if the trading is irrational.

In fact there are plenty of big, smart institutions trading crypto including Citadel Securities, Susquehanna International and Jane Street Capital that are fully engaged in crypto markets today. Since 2018 the Commodity Futures Trade Commission publishes a weekly Commitment of Traders (COT) report which captures crypto trading trends in an attempt to bring…

Source link