ETH falls below the $3300 mark

[Switzerland Proposes Regulatory Framework for Stablecoin Issuance] The Swiss government has initiated a consultation process, planning to allow the issuance of stablecoins within the country to further solidify its leading position in the global cryptocurrency sector. The proposal suggests the establishment of two new types of licenses: 'Payment Instrument Institutions' and 'Crypto Institutions,' aiming to integrate stablecoin issuers into Switzerland's financial legal regulatory framework. Switzerland is renowned for its robust financial system, and its currency, the Swiss Franc, has long been regarded as one of the most trusted currencies globally. The proposal envisions the introduction of a stablecoin pegged to the Swiss Franc, characterized by high transparency, full reserves, and regulation by the Swiss Financial Market Supervisory Authority (Finma), distinguishing it from cryptocurrency projects in other regions with less developed regulatory frameworks.

[ASTER has repurchased 25.5 million tokens in total, with an average daily repurchase of approximately 2.76 million tokens] On-chain data shows that since October 28, the official Aster repurchase address (0xe30) has accumulated purchases of 25.5 million ASTER tokens, with an average daily repurchase of approximately 2.76 million tokens. Based on the current price estimate, the total repurchase amount is approximately $29.15 million. As of the time of publication today, an additional 620,000 ASTER tokens have been purchased. The S3 phase of ASTER will continue until November 9, and the S3 airdrop will be initiated after all repurchases are completed, prioritizing the distribution of tokens from the repurchase address.

[Bitcoin Spot ETF Net Outflow of $137 Million Yesterday, Sixth Consecutive Day of Outflows] On November 5th (Eastern Time), the Bitcoin spot ETF experienced a total net outflow of $137 million, marking the sixth consecutive day of outflows. Among them, Fidelity ETF FBTC had a single-day net inflow of $113 million, with a historical total net inflow reaching $12.198 billion; Ark Invest and 21Shares ETF ARKB had a single-day net inflow of $82.9371 million, with a historical total net inflow reaching $1.989 billion. BlackRock ETF IBIT recorded the largest single-day net outflow of $375 million, with a historical total net inflow reaching $64.341 billion. As of press time, the total net asset value of Bitcoin spot ETFs stands at $139.147 billion, with a net asset ratio of 6.72%, and historical cumulative net inflows amounting to $60.285 billion.

According to AiCoin monitoring, over the past four trading days, funds from the US spot BTC ETF have continued to flow out, reaching $1.082 billion. During this period, the largest outflow was from IBIT, with a total of 711 million US dollars; Next is FBTC, with an inflow of $255 million. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only

[ether.fi invests $500,000 in buyback program within two days] The ether.fi Foundation announced that it has invested $500,000 into its buyback program over the past two days and repurchased 574,000 ETHFI tokens from the open market. This buyback initiative aims to support its token economic model and boost market confidence.