Bitcoin Futures Return to Deepest Backwardation Since FTX Collapse

Jiaxin Wealth Management, which manages assets worth $12 trillion, announced that it will launch Bitcoin and Ethereum trading services in early 2026. （Watcher.Guru）

The upgrade will boost throughput, keep validators efficient and, most importantly, strengthen Ethereum's value capture by putting a floor under blob fees.

BlackRock CEO Larry Fink stated that his previous views on Bitcoin and cryptocurrency were incorrect, and called it a significant and public example of a major shift in his perspective. （Bitcoin Archive）

So-called "backwardation" — a futures price curve moving lower in value as time gets further out — can be read as a measure of stress in the market.

[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.