As the bitcoin price rises, futures may look bearish, but they're not, analyst says

As the bitcoin price rises, futures may look bearish, but they're not, analyst says

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailAs the bitcoin price rises, futures may look bearish, but they're not, analyst saysResearch firm 10x says the negative funding rates reflect structural hedging by institutions, not a broad bearish play.By Omkar Godbole, AI Boost|Edited by Sheldon Reback Apr 27, 2026, 2:37 p.m. Make preferred on Bitcoin futures are not really bearish even if they appear to be. (geralt/Pixabay)What to know: BTC perpetual futures continue to see negative funding rates despite the token's 14% climb this month, its strongest monthly gain since April 2025.Research firm 10x says the negative funding rates reflect structural hedging by institutions, not a broad bearish shift, with hedge funds shorting futures to manage other bets. Bitcoin BTC$76,808.01 has ralli

Source: https://www.coindesk.com/markets/2026/04/27/as-the-bitcoin-price-rises-futures-may-look-bearish-but-they-re-not-analyst-says