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.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CoinShares: $1.07 billion net inflow into digital asset investment products last week.
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.