According to Deep Tide TechFlow news on December 1, CoinShares statistics show that digital asset exchange-traded products (ETP) recorded an inflow of $1.07 billion last week, ending a previous four-week outflow totaling $5.7 billion. The shift in market sentiment was mainly driven by comments from Federal Open Market Committee member John Williams about the continued restrictive nature of monetary policy, which has raised expectations for interest rate cuts this month.
The US market leads with inflows of nearly $1 billion, while Canada and Switzerland saw inflows of $97.6 million and $23.6 million, respectively. Germany is the only major market experiencing an outflow, with $57.3 million leaving.
In terms of specific coins, Bitcoin saw an inflow of $461 million, and Ethereum saw an inflow of $308 million. XRP set a weekly inflow record, reaching $289 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
