CoinShares' latest weekly report shows that digital asset investment products experienced net outflows of approximately $1.17 billion over the past week, with Bitcoin seeing net outflows of around $932 million and Ethereum net outflows of about $438 million. By region, the U.S. market recorded net outflows of approximately $1.22 billion, while Germany and Switzerland achieved net inflows of approximately $41.3 million and $49.7 million, respectively. During the same period, total ETP trading volume was approximately $43 billion, with Short Bitcoin ETP seeing weekly net inflows of around $11.8 million. Altcoins were active, with Solana recording weekly net inflows of approximately $118 million and cumulative inflows of around $2.1 billion over the past nine weeks; HBAR saw net inflows of approximately $26.8 million, and Hyperliquid recorded net inflows of about $4.2 million.

[QCP: U.S. Government Shutdown Ends, Boosting Markets, BTC Returns to $106,000] QCP noted that the U.S. Senate has pushed forward the process to end the 40-day government shutdown, boosting risk appetite as both the stock market and crypto market rebounded, with Bitcoin climbing back to $106,000. Despite selling pressure from early holders and ETF outflows, market liquidity remains robust. The options market indicates a moderation in bearish sentiment, with traders showing clear divergence: some are buying bullish butterfly options expiring on December 26 at $112,000/$120,000/$150,000, while others are selling bullish spreads at $135,000/$140,000. QCP believes that while selling pressure from OG wallets persists, the market's ability to absorb supply shocks has improved, and BTC is expected to continue range-bound trading, with resistance around $118,000.

[Bank of England Proposes New Rules for Stablecoin Asset Allocation] The Bank of England proposes that 60% of assets backing stablecoins can be held in short-term UK government bonds, while at least 40% must be deposited at the Bank of England.

Jump Crypto deposited 184200 WLFIs with a total value of approximately $2.9 million into Binance, and the related operations came from its on chain address. （Lookonchain）

Monitoring shows that suspected ENS early investors 0x2Cd... 5c422 received 163000 tokens worth 2.35 million US dollars from ENS multi signature wallet 12 minutes ago; Since September 30th, the address has received ENS worth $11.12 million, which has not been transferred or sold yet. However, it has been recharged to Binance for a period of time after receiving it, with the most recent one being 6 months ago. (Auntie Ai)