CME Group headquarters in Chicago, Illinois, USA, on Friday, February 5th, 2021. CME Group Inc. is expected to release earnings results on February 10th. Photographer: Christopher Dilts / Bloomberg

© 2021 Bloomberg Finance LP

Following the recent drop in the price of Bitcoin and other crypto assets, hedge funds on the Chicago Mercantile Exchange are rolling their short bets to other markets they believe are more lucrative in the short term.

Their absence has resulted in a dramatic decline in open interest in Bitcoin futures on the exchange and underscores the critical role this segment plays in securing liquidity for institutional derivatives markets. However, this observation could also be seen as another signal that the crypto market is stabilizing and preparing to resume its uptrend.

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I write about trends in digital assets and create the Forbes Digital Assets tools and features our viewers need.

My previous roles have directed capital

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I write about trends in digital assets and create the Forbes Digital Assets tools and features our viewers need.

In my past I did capital market research for institutional audiences. I am now applying this analytical expertise to help individual investors decipher how digital assets are adapting to the financial services business.

I wrote my first Digital Assets Report in 2016, which looked at the top 10 blockchain platforms with promising use cases in the capital markets. Before becoming an analyst, I was the sales manager at Interbank FX, a fast-growing brokerage company that was ranked 46th by INC magazine in 2008. I also worked in research positions for Credit Suisse and BankBoston and was a treasury analyst for a multi-billion dollar non-profit organization.

Graduated from Brigham Young University’s MBA program; speak Spanish, French and Portuguese; McGraw-Hill published author (“The Forex Trading Manual”, 2012).

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