According to ETC Group, cryptocurrency hedge funds have reduced their Bitcoin market exposure to its lowest level since October 2020. Over the past 20 trading days, these funds have decreased their net long exposure to 0.37 relative to the Bitcoin benchmark. This significant drop suggests a cautious stance towards Bitcoin among hedge funds, though the specific reasons behind this reduction remain unclear.

Source: https://0xzx.com/zh-tw/2024061919304549833.html