Bloomberg ETF Analyst: IBIT Short Positions Decrease Significantly, Approaching Levels Before April Surge

According to ChainCatcher, Bloomberg ETF analyst Eric Balchunas stated on social media, "IBIT's short positions have decreased significantly, although they were initially not high, accounting for only 2% of the outstanding shares, but now they are almost back to the levels before the April surge. S3 Partners pointed out that traders usually short when stock prices strengthen and cover when they decline, and all ETFs were included for reference in the analysis." $BTC $ETH