CFTC Acting Chairman: Leveraged spot cryptocurrency trading may land on US exchanges next month

[Bitcoin Spot ETF Net Outflow of $1.22 Billion Last Week, Third Highest in History] According to SoSoValue data, from November 3 to November 7 (Eastern Time), Bitcoin spot ETFs saw a weekly net outflow of $1.22 billion, marking the third-highest record in history. The Bitcoin spot ETF with the highest net inflow last week was the Grayscale Bitcoin Mini Trust ETF (BTC), with a weekly net inflow of $21.61 million and a historical cumulative net inflow of $1.97 billion. The second was the Bitwise ETF (BITB), with a weekly net inflow of $4.69 million and a historical cumulative net inflow of $2.32 billion. The ETF with the largest net outflow was the BlackRock ETF (IBIT), with a weekly net outflow of $581 million and a historical cumulative net inflow of $64.32 billion. The second was the Fidelity ETF (FBTC), with a weekly net outflow of $438 million and a historical cumulative net inflow of $12.00 billion. As of press time, the total net asset value of Bitcoin spot ETFs was $138.08 billion, with an ETF net asset ratio of 6.67%, and a historical cumulative net inflow of $59.97 billion.

On November 10, Coinbob's popular address monitoring revealed that 'Calm Trader King' has achieved total unrealized gains of $6.7 million (185%) since opening long positions on November 5, with a total account holding of approximately $72.7 million, and no positions closed yet. Main holdings: - ETH long position unrealized gains of $2.87 million (297%), average price $3,431, position size approximately $24.16 million; - BTC long position unrealized gains of $1.09 million (95%), average price $103,500, position size approximately $22.88 million; - SOL long position unrealized gains of $1.67 million (157%), average price $153, position size approximately $21.25 million; - UNI long position unrealized gains of $1.07 million (240%), average price $5.02, position size approximately $4.45 million. This trader has grown an initial capital of $3 million to over $28 million in two months, with multiple trades earning over $4 million in profits.

[Trump Media Reports $54.8 Million Loss in Q3, Bitcoin Holdings Valued at Approximately $1.3 Billion] Trump Media & Technology Group's Q3 financial report shows a loss of $54.8 million, an increase from the $19.3 million loss in the same period last year. Revenue for the quarter was $972,900, down from over $1 million in the same period last year. The company's stock closed down 1.73% last Friday at $13.10, but rebounded to $13.20 in after-hours trading. As of September 30, Trump Media held 11,542 Bitcoins, valued at approximately $1.3 billion. The company announced in late July that it had begun purchasing Bitcoin and plans to increase its holdings while also considering acquiring other cryptocurrencies. Its Bitcoin options investments generated a profit of $15.3 million, and its holdings of over 746 million Cronos recorded an unrealized gain of $33 million.

[Crypto Trader James Wynn Sells Spot Holdings and Increases Short Positions] Crypto trader James Wynn has sold all crypto spot holdings, except for long-term Bitcoin spot holdings, and used all stablecoins (over 30%) to increase short positions. He stated this is an extreme bet, and if he goes bankrupt, he will transfer the Bitcoin spot holdings to a cold wallet and deactivate his X account.

[Contract Whale Dynamics: 1011 Insider Whale Takes No Action, Maji Adds 25x ETH Long Position] On November 10, HyperInsight monitoring revealed that the crypto market rebounded last night and early this morning. The contract whale movements are as follows: The $140 million Ethereum long position of '1011 Insider Whale' has turned profitable, with an unrealized gain of over $7 million, but no actions have been taken yet; 'Maji,' after seeing unrealized gains on Ethereum long positions, added another 25x ETH long position, bringing the total position value to $19.196 million, with unrealized gains of $1.02 million; On the Hyperliquid platform, the largest ZEC short position continues to add to its position and supplement margin, with unrealized losses of $18.32 million on the ZEC short position.