BITCOIN CASH PERP STYLE COT Report, Traders in Financial Futures

Leveraged Funds net -1,658 contracts in BITCOIN CASH PERP STYLE, positions as of Tue 20 Oct 2026.

Positions as of Tue 20 Oct 2026 - published Fri 23 Oct 2026 (CFTC, Friday release)

Report family	Traders in Financial Futures
Basis	Futures only
Market	BITCOIN CASH PERP STYLE - COINBASE DERIVATIVES, LLC
CFTC contract code	133LM5
Contract unit	1 Bitcoin
Open interest, contracts	2,562
Change in open interest, contracts	+64

Latest report, futures only

Category	Long	Short	Spreading	Net	Long % of OI	Short % of OI	Net % of OI
Dealer/Intermediary	0	0	0	+0	0.0	0.0	0.0
Asset Manager/Institutional	0	0	0	+0	0.0	0.0	0.0
Leveraged Funds	313	1,971	0	-1,658	12.2	76.9	-64.7
Other Reportables	1,887	497	0	+1,390	73.7	19.4	54.3
Total reportable	2,200	2,468	-	-268	85.9	96.3	-10.5
Nonreportable	362	94	-	+268	14.1	3.7	10.5

Leveraged Funds: position against its own history

Weekly net, last 24 reports

Leveraged Funds net, contracts	-1,658
Week change	+183
4-week change	-286
13-week change	-839
Net as % of open interest	-64.7%
Percentile, 1 year (52 weeks)	-
Percentile, 3 years (156 weeks)	-
Z-score, 52 weeks	-
COT Index, 3 years	-
52-week high of net	-468
52-week low of net	-1,892

Traders and concentration

Category	Traders long	Traders short
Dealer/Intermediary	0	0
Asset Manager/Institutional	0	0
Other Reportables	16	5
Total reportable	19	8

Largest 4 traders, gross long	31.2%
Largest 4 traders, gross short	84.0%
Largest 8 traders, gross long	58.8%
Largest 8 traders, gross short	96.3%
Largest 4 traders, net long	31.2%
Largest 4 traders, net short	84.0%
Largest 8 traders, net long	58.8%
Largest 8 traders, net short	96.3%

Concentration is the share of open interest held by the largest traders, as published in the report.

Latest report, futures and options combined

Category	Long	Short	Spreading	Net	Long % of OI	Short % of OI	Net % of OI
Dealer/Intermediary	0	0	0	+0	0.0	0.0	0.0
Asset Manager/Institutional	0	0	0	+0	0.0	0.0	0.0
Leveraged Funds	313	1,971	0	-1,658	12.2	76.9	-64.7
Other Reportables	1,887	497	0	+1,390	73.7	19.4	54.3
Total reportable	2,200	2,468	-	-268	85.9	96.3	-10.5
Nonreportable	362	94	-	+268	14.1	3.7	10.5

The combined basis adds options converted to futures equivalents at exchange delta factors. The two bases are never mixed in one series; the history on this page is futures only.

Recent reports, net by category

Report date	Open interest	Dealer/Intermediary	Asset Manager/Institutional	Leveraged Funds	Other Reportables	Total reportable	Nonreportable
Tue 20 Oct 2026	2,562	+0	+0	-1,658	+1,390	-268	+268
Tue 13 Oct 2026	2,498	+0	+0	-1,841	+1,586	-255	+255
Tue 6 Oct 2026	2,443	+0	+0	-1,892	+1,669	-223	+223
Tue 29 Sep 2026	2,315	+0	+0	-1,749	+1,535	-214	+214
Tue 22 Sep 2026	3,032	+0	+0	-1,372	+1,267	-105	+105
Tue 15 Sep 2026	2,302	+0	+0	-1,003	+861	-142	+142
Tue 8 Sep 2026	1,883	+0	+0	-836	+687	-149	+149
Tue 25 Aug 2026	1,687	+0	+0	-468	+311	-157	+157
Tue 18 Aug 2026	2,717	+0	+0	-737	+560	-177	+177
Tue 11 Aug 2026	2,818	+0	+0	-758	+523	-235	+235

Spreading is calendar-spread positions. It prints as its own column and is not part of net. Percentile is the share of weeks in the window with a net at or below the current net. The COT Index places the current net within its 3-year range, 0 at the low and 100 at the high. Gauges print only when the window holds enough history. History is the series as currently published by the CFTC, including its corrections; first-release vintages are not kept. An extreme reading is a condition of crowding, not a buy or sell signal: speculative categories are trend followers and are usually largest near price extremes.

Source: CFTC Commitments of Traders, Traders in Financial Futures report, futures only unless stated. Positions as of Tue 20 Oct 2026, published Fri 23 Oct 2026.