The ETH ETF saw a net outflow of $1.31 billion in the past 30 days,
which is five times the net outflow from BTC.
Meanwhile, the foundation also engaged in selling.
Between November 1st and 2nd, approximately 313,000 ETH flowed out of exchange addresses, reducing the proportion of Ethereum supply on exchanges from 3.56% to 3.20%. (Source: Santiment)
European Central Bank Governing Council member and Bundesbank President Nagel stated that rising energy prices are exacerbating inflation risks. Eurozone inflation is projected to reach 4% in September, double the ECB's 2% target, while core inflation is expected to remain at 2.5%. Unless the inflation outlook improves significantly, a December rate hike is likely unavoidable. (Source: Jinshi)
UBS estimates a 50% probability that Democrats will control both houses of the U.S. Congress, while market forecasts indicate a 94% probability of Democrats controlling the House of Representatives and a 77% probability of them controlling the Senate. UBS believes that a full Democratic control of Congress would affect President Trump's fiscal agenda and the 2027 debt ceiling negotiations.
Asset management firm Creative Planning increased its Bitcoin ETF holdings by 43% in the third quarter, holding assets worth $47 million, including IBIT, FBTC, and GBTC, and also increased its MSTR holdings to $16 million. (Bitcoin Archive)
European Central Bank Governing Council member Nagel stated that inflationary pressures in September were higher than expected and were approaching an unfavorable scenario.
