Jump Trading and DRW are investing their trading teams and their own funds in the AI computing derivatives market. Jump Trading plans to provide market making services for the computing futures proposed by CME and Silicon Data, as well as the competitive contracts proposed by ICE and Ornn. DRW plans to conduct computing trading and trade Silicon Data products through three teams. (Source: Bloomberg)

On October 16th, the US spot Bitcoin ETF had a net outflow of $82.4 million.

According to Sun Yuchen, founder of TRON, BTC has not been reduced as a bottom position, while ETH has reduced its holdings by about 80% to 90% in the range of $3600 to $4000 and switched to US stocks. Currently, it holds heavy positions in Nvidia and Nasdaq 100.

Bitdeer has released a weekly update on the X platform. As of October 16th, 294.2 bitcoins were produced this week and have all been sold. Currently, there are no bitcoin holdings.

According to AiCoin monitoring, a large amount of funds flowed out of the US spot BTC ETF market yesterday, with a net outflow of up to 82.4 million US dollars. Among them, IBIT was the largest outflow, with a daily net outflow of 71.8 million US dollars; Next is FBTC, with a total of 10.6 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