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Bitcoin overtakes Nasdaq as globe's most crowded trade

Published 09/12/2017, 07:41 AM
Updated 09/12/2017, 07:41 AM
Bitcoin overtakes Nasdaq as globe's most crowded trade
  • According to the latest BAML survey, long bitcoin has surpassed long Nasdaq as the most crowded trade of them all.
  • 26% of those surveyed said bitcoin and 22% Nasdaq. Coming in third was the short dollar trade at 21%.
  • The dollar trade is of particular interest - at the start of the year, long dollar was considered the most crowded trade, and the greenback has slid 10% since.
  • Bitcoin ETFs: COIN, OTCQB:BTCS, OTCPK:BTSC, OTCQX:GBTC, OTCPK:GAHC, OTC:ARSC
  • Now read: Howard Marks Kills Bitcoin

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