Hedge funds up short positions against bitcoin miners
Hedge funds have been increasing their short bets against cryptocurrency miners, in expectation of further fallout from the collapse on Sam Bankman-Fried's FTX digital assets empire, according to a report by the Financial Times.
Greenidge Generation has seen a rise in short interest from less than 1% to 4.7 percent, while Hut 8 Mining, the largest US-listed operator and Riot Blockchain have attracted more attention this year.