Shorting Soaring Bitcoin Is Expensive

Borrowing rates to short the Bitcoin Investment Trust ETF are already 10 percent — and could go higher, according to S3 Partners.

Photo credit: Christophe Morin/Bloomberg

Investors have to pay up to short Bitcoin amid escalating concern that the cryptocurrency is skyrocketing in a phase of mania.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.