Bitcoin ends the week with inflows despite massive outflows earlier
Cryptocurrency investment products saw inflows of $308 million last week, despite massive outflows of $576 million on December 19 and $1 billion in the last two days of the week.
Bitcoin ended the week with a net positive inflow of $375 million, reflecting positive market sentiment.
In contrast, Bitcoin short products saw weak inflows of just $0.4 million, indicating waning short-seller interest.
In altcoins, XRP led inflows with $8.8 million, followed by Horizen with $4.8 million and Polkadot with $1.9 million. Ethereum also saw positive inflows with $51 million, while Solana saw outflows of $8.7 million.
The United States accounted for the largest share of inflows at $567 million, followed by Brazil and Australia at $16.6 million and $10.2 million respectively.
Switzerland led outflows at $95.1 million, followed by Germany and Canada
