For Bitcoins, the latest COT as of Tuesday, Apr 24, 2018, institutions stay net short bitcoins but decreased bearish bets by 54 bitcoins to net negative 1,829 bitcoins,
216 longs were closed and 270 shorts were closed as well, Now Longs total 3,193 bitcoins vs shorts total 5,022 bitcoins .
39% long exposure vs 61% short exposure , the same as the previous week
This week Bitcoin started at 7,890 on 4/18, hit low at 7,870 where institutions covered their shorts, which pushed the price to rally up to 9,737 high on 4/24, where they closed their longs
Bearish bias remains...
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.