Analysis: Renowned industry figure closes short positions, Trump's improved poll ratings drive BTC to a slight rebound.

According to data compiled by Bloomberg, investors have withdrawn nearly 1.20 billion US dollars from a total of 12 Bitcoin spot ETFs in the 8 days leading up to September 6. This significant outflow of funds comes at a time when the stock market and commodity market are experiencing volatility due to concerns about economic growth. Bitcoin has performed poorly in September, falling by about 7%, but experienced a slight increase over the weekend, with the latest price at 54773.9 US dollars, representing a 0.65% increase in the past 24 hours. Sean McNulty, the trading director at liquidity provider Arbelos Markets, stated, 'The slight rebound in $BTC seems to be partly driven by some influential figures closing out short positions,' citing the recent actions of BitMEX co-founder Arthur Hayes as an example. McNulty mentioned that the performance of Republican presidential candidate Trump in opinion polls and prediction markets supporting cryptocurrencies has improved, which may have played a role. He pointed out that there is an increase in options hedging demand to guard against market volatility that may arise from Tuesday's debate between Trump and Democratic vice presidential candidate Harris. Harris has not detailed her stance on cryptocurrencies. Caroline Mauron, co-founder of digital asset derivatives trading liquidity provider Orbit Markets, indicated that $BTC may remain in the range of 53 thousand to 57 thousand US dollars until the latest CPI data is released by the United States on Wednesday. (Bloomberg) Yesterday, Arthur Hayes posted on X, stating, 'I have closed out my $BTC short position with a 3% profit, enough to cover my food and bar bills during my time at KBW. Yellen is monitoring the market and made a statement over the weekend that if market conditions persist next week, Bitcoin 'may' rise as expected increase in US dollar liquidity.'