[Cryptocurrency ETF Inflows Reach $1.1 Billion, a 7-Week High]
On December 4, market analysis revealed that cryptocurrency ETF inflows reached $1.1 billion, marking a 7-week high and reversing the previous trend of $4.7 billion in cumulative outflows over the past four weeks. Among these, U.S. cryptocurrency ETFs led with $994 million in inflows, followed by Canada and Switzerland with $98 million and $24 million, respectively, while Germany saw $57 million in outflows. Bitcoin recorded a net inflow of $461 million, ETH saw a net inflow of $308 million, and short Bitcoin ETPs experienced $1.9 billion in outflows. The cryptocurrency market's upward momentum has returned.