For Bitcoins, the latest COT as of Tuesday, May 8, 2018, institutions stay net short bitcoins and increased bearish bets by 38 bitcoins to net negative 1,635 bitcoins,

344 longs were added and 382 shorts were added as well, Now Longs total 3,631 bitcoins vs shorts total 5,266 bitcoins .

41% long exposure vs 59% short exposure , Longs added 1% and shorts dropped 1% from the previous week

This week Bitcoin started at 9,066 on 5/2, rallied high to 9,948 on 5/5, came down to 9,015 low on 5/8, closed at 9,167 on 5/8

Longs being added indicates institutions building long positions and expecting for price moving up. Shorts being added indicates they expect for a further drop, when bitcoin close to test 10 k area

Still bearish but not as much as before....

Please note institutions take weeks and months to build a position. Bitcoin future exchange started a few months ago,
there were not enough data to analyze institutions long term view in crypto market.