[The Average Cost of U.S. Spot Bitcoin ETFs Approaches $83,000] According to data from Glassnode analyst Chris Beamish, the average cost basis of U.S. spot Bitcoin ETFs has approached $83,000, with the cost basis for BlackRock and Fidelity slightly below this level.
[Bhutan Launches Sovereign Gold-Backed Token TER on Solana] Bhutan has announced the issuance of the sovereign-backed gold-supported token TER on the Solana blockchain, led by Griphon Mindfulness City (GMC). Each token corresponds to physical gold reserves. DK Bank will serve as the sole distributor and custodian of TER, with digital asset platform Matrixdock providing the infrastructure. GMC previously announced the inclusion of Bitcoin, Ethereum, and BNB in its strategic reserves, and Bhutan currently holds 5,984 BTC.
[Fed Rate Cuts Push Copper Prices Near Historic Highs, Up Over 30% This Year] The Federal Reserve announced a rate cut and maintained expectations for further cuts next year, pushing copper prices near historic highs. LME copper prices briefly rose 1.5% before giving up more than half of the gains. Driven by easing policies, industrial metals have recently surged, with copper prices up over 30% this year. Concerns over mine shutdowns, supply shortages, and traders rushing to buy ahead of potential tariffs have boosted copper prices. Long-term support for copper prices will come from growing demand for renewable energy.
According to AiCoin monitoring, the net inflow of US spot BTC ETF reached $224 million yesterday, the highest daily net inflow since December 2nd. Among them, IBIT had the largest inflow of funds, reaching 193 million US dollars; Next is FBTC, with an inflow amount of 30.6 million US dollars. 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
[A $12 Million Whale Achieves 20 Consecutive Wins Since October, Accumulating $6.44 Million in Profits] A whale address with approximately $12 million in funds (0x2d9) has achieved 20 consecutive wins since October, accumulating around $6.44 million in profits since September 25. Today, the address partially closed a BTC long position held for about 37 days. This position was opened on November 14 at approximately $98,700 and adjusted to $86,100, yielding a profit of $170,000. Currently, the address holds a $3.8 million 3x leveraged BTC long position, with an unrealized profit of $150,000.
[Hong Kong Securities Association and SFC Discuss Virtual Asset Regulation and Market Maker Role] The Hong Kong Securities and Futures Professionals Association announced that it has held a meeting with the Hong Kong Securities and Futures Commission (SFC), focusing on the development and regulation of the virtual asset industry and new financial products. The meeting interpreted the latest policies, discussed compliance standards, over-the-counter trading regulation, tokenized securities applications, and the development path of derivatives. It also deliberated on topics such as optimizing asset transfer processes, clarifying the role of market makers, and improving company upgrade mechanisms.