Crypto funds recorded +$1.1 billion in inflows last week, the largest in 7 weeks.
This marks a reversal from 4 consecutive weekly withdrawals totaling -$4.7 billion.
The US led with +$994 million in inflows, followed by Canada with +$98 million and Switzerland with +$24 million, while Germany saw -$57 million in outflows.
#Bitcoin led the inflows, at +$461 million, followed by #Ethereum, at +$308 million.
At the same time, investors pulled out -$1.9 billion from short-bitcoin ETPs.
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Crypto #ETFs are making a comeback:
Crypto funds recorded +$1.1 billion in inflows last week, the largest in 7 weeks.
This marks a reversal from 4 consecutive weekly withdrawals totaling -$4.7 billion.
The US led with +$994 million in inflows, followed by Canada with +$98 million and Switzerland with +$24 million, while Germany saw -$57 million in outflows.
#Bitcoin led the inflows, at +$461 million, followed by #Ethereum, at +$308 million.
At the same time, investors pulled out -$1.9 billion from short-bitcoin ETPs.
Upside momentum in crypto is returning
#CryptoMarketRebounds
#DecemberMarketOutlook