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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. Bitcoin futures surged more than 19 percent on their first day of trading on the Chicago Board Options Exchange to $18,545 for January delivery. With alarm

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