Crypto COT Report: Bitcoin and Ether futures
3 crypto markets · CFTC Legacy, Futures Only · report of Nov 3, 2026Released · positions as of
In the crypto COT report of Nov 3, 2026, large speculators (Non-Commercial) were net long in 2 of the 3 crypto markets in that report (Bitcoin and Ether) and net short in 1 (Micro Bitcoin). Relative to open interest, their largest net position was in Micro Bitcoin (net short 3,156 contracts, 13.8% of open interest) and their largest weekly move in Micro Bitcoin, where the net shrank by 1,120 contracts.
Crypto COT data by market
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| Non-Commercial (Large Speculators) | Commercial (Hedgers)Hedging, not price speculation. On financial futures, Commercials are mostly dealers, banks and other institutions offsetting the exposure of their own business. Their net short or net long is mostly that offsetting, not a view on where the price is going. | ||||||
|---|---|---|---|---|---|---|---|
| Market | Net Positions | Weekly Change | % of OI | Net Positions | Open Interest | Table | Chart |
| Ether COT Report | NET LONG+1,189 | -588 | +5.2% | NET SHORT-1,218 | 22,869-5,199 | Table | Chart |
| Micro Bitcoin COT Report | NET SHORT-3,156 | +1,120 | -13.8% | NET LONG+541 | 22,838-8,045 | Table | Chart |
| Bitcoin COT Report | NET LONG+2,230 | -490 | +12.7% | NET SHORT-2,123 | 17,527-3,264 | Table | Chart |
Source: the CFTC’s Legacy Commitments of Traders report, Futures Only. Large speculators = Non-Commercial, hedgers = Commercial. Each market is read from its own latest report, and contracts are never added up across markets, because every contract has its own size. The TFF report splits the same traders into four groups, so the Non-Commercial net here and the net of the leveraged funds can differ, even by side.
These are the 3 crypto markets. The full list of 350+ markets:COT Report Simplified
Crypto COT report of Nov 3, 2026: what changed
Largest weekly moves
Large speculators’ net change relative to open interest
- Micro Bitcoin+1,1204.9% of OI
- Bitcoin-4902.8% of OI
- Ether-5882.6% of OI
The largest weekly move relative to open interest was in Micro Bitcoin: the large speculators’ net short position shrank by 1,120 contracts (4.9% of open interest). Commercials (hedgers) were net short in 2 of the 3 markets. On financial futures, Commercials are mostly dealers, banks and other institutions offsetting the exposure of their own business. Their net short or net long is mostly that offsetting, not a view on where the price is going.
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What the Crypto COT report covers
Crypto futures in the COT report come from the CME, where bitcoin and ether trade as regulated contracts settled in cash. The Bitcoin contract covers five bitcoin, the Micro Bitcoin contract a tenth of one bitcoin, and the Ether contract fifty ether, and all of them settle against the CME CF reference rates instead of delivering coins. Since one Bitcoin contract equals fifty Micro Bitcoin contracts, this page never adds contracts up across markets: every row is read on its own, against its own open interest.
The trader groups are the CFTC’s usual ones. In the Legacy report the Commercial group covers the traders the CFTC classes as hedging a business exposure, such as dealers offsetting trades with their clients. The Non-Commercial group, the large speculators, takes in hedge funds, commodity trading advisers and other large traders. The Micro contract is built for smaller accounts, and positions under the CFTC reporting level appear as Non-Reportable. Keep in mind that regulated futures are only part of crypto trading: most of it happens on crypto platforms outside CFTC reporting.
We show the Legacy report, Futures Only, because it is free and reads bitcoin and ether with the same groups as every other market on the site. The Traders in Financial Futures report (TFF) splits the same contracts into dealers, asset managers, leveraged funds and other reportables, separating, for example, asset managers from leveraged funds. On this site the TFF tables are part of Premium.
Go deeper
Traders in Financial Futures (TFF) COT Premium: dealers, asset managers and leveraged fundsHow to Read COT ReportsFree: what every column means, net positions and a quick FAQCOT IndexFree: the net position as a 0-100 oscillator over several lookback windowsCOT Data ChartsFree: positions against price and open interest, with years of historyCrypto COT report: common questions
Spotted an inaccuracy? Write to contact@cot-reports.com
Are large speculators long or short crypto futures this week?
In the crypto COT report of Nov 3, 2026, large speculators (Non-Commercial) were net long in 2 of the 3 crypto markets in that report (Bitcoin and Ether) and net short in 1 (Micro Bitcoin).
Which market holds the largest net long and the largest net short position of large speculators in crypto futures?
In the COT report of Nov 3, 2026, the largest net long position of the large speculators (Non-Commercial) was in Bitcoin: 2,230 contracts, 12.7% of open interest. They have been net long there in each of the last 13 weekly reports. The largest net short position was in Micro Bitcoin: 3,156 contracts, 13.8% of open interest. They have been net short there in each of the last 11 weekly reports. The comparison uses each market’s share of its own open interest, because contract sizes differ from one market to another.
Which market had the largest weekly change in crypto futures this week?
The largest weekly move relative to open interest was in Micro Bitcoin: the large speculators’ net short position shrank by 1,120 contracts (4.9% of open interest). The weekly change compares the COT report of Nov 3, 2026 with the report of the week before, measured against each market’s own open interest.
In how many crypto futures markets are the Commercials (hedgers) net short this week?
In the COT report of Nov 3, 2026, Commercials (hedgers) were net short in 2 of the 3 markets. On financial futures, Commercials are mostly dealers, banks and other institutions offsetting the exposure of their own business. Their net short or net long is mostly that offsetting, not a view on where the price is going.
Which COT report covers crypto futures?
This page uses the CFTC’s Legacy report (Futures Only), free for every visitor: it splits each market into large speculators (Non-Commercial), hedgers (Commercial) and small traders (Non-Reportable). For crypto futures the CFTC also publishes the Traders in Financial Futures report (TFF), which splits the same traders into dealers, asset managers, leveraged funds and other reportables. On this site the TFF tables are part of Premium.
Who are the Commercials and the Non-Commercials in crypto futures?
The trader groups are the CFTC’s usual ones. In the Legacy report the Commercial group covers the traders the CFTC classes as hedging a business exposure, such as dealers offsetting trades with their clients. The Non-Commercial group, the large speculators, takes in hedge funds, commodity trading advisers and other large traders. The Micro contract is built for smaller accounts, and positions under the CFTC reporting level appear as Non-Reportable. Keep in mind that regulated futures are only part of crypto trading: most of it happens on crypto platforms outside CFTC reporting.
When does the next COT report for crypto futures come out?
The CFTC publishes the COT report every Friday at 3:30 PM Eastern Time, with the positions held at the close of the Tuesday of the same week. When a US federal holiday falls on the Wednesday, Thursday or Friday of that week, the release moves to the next business day, usually the Monday after; a Monday holiday does not delay it.
Where can I see the COT history of crypto futures for free?
Every market on this page links to its COT table (Legacy report, Futures Only), where every visitor sees the last 6 months (26 weekly reports); a free account opens up to 10 years. Each market’s COT chart shows up to 10 years of weekly positions to everyone, no account needed.
Where can I find the crypto COT report?
Right here: this page is the crypto COT report of COT-Reports.com, free for every visitor. It covers the 3 crypto markets the CFTC reports every week (Ether, Micro Bitcoin, and Bitcoin), with the net positions of the large speculators (Non-Commercial) and the hedgers (Commercial) from the latest Legacy report (Futures Only), refreshed with every weekly CFTC release. In the table, each market’s name opens its own COT report page, such as the Ether COT report.