On November 4th, the net outflow of Bitcoin spot ETF was 566.4 million US dollars, and the net outflow of Ethereum spot ETF was 219.4 million US dollars. Meanwhile, the SOL spot ETF recorded a net inflow of $14.9 million. （Cointelegraph）
**["Anti-CZ Whale" Turns to Long Ethereum, Holding Approximately $109 Million ETH Long Position]** The "Anti-CZ Whale" has adjusted its investment strategy, shifting from previously shorting Ethereum to going long. Currently, the address holds 32,802 ETH, with a long position valued at approximately $109 million. Additionally, its portfolio includes 58.27 million ASTER short positions (approximately $59.7 million), 1.99 billion kPEPE short positions (approximately $11.3 million), and 130,566 DOGE long positions (approximately $21,500).
[Hong Kong Securities and Futures Commission Promotes Global Connectivity Plan for Digital Asset Market] Wong Lok-yan, Director of the Intermediaries Division and Head of the Fintech Unit at the Hong Kong Securities and Futures Commission (SFC), stated that Hong Kong has incorporated 'global liquidity connectivity' into its digital asset development strategy. The aim is to help Hong Kong investors access global markets and attract more institutional-level trading activities to the region. As a primary initiative, the SFC will allow licensed cross-border trading platforms to share global order books with their overseas affiliates. Additionally, the Hong Kong SFC is enhancing the ecosystem through two consultations: issuing licenses for virtual asset custodians and exploring the inclusion of investment advisory services and specific asset classes under regulatory oversight to further drive industry growth. (UTC+8)
[Arthur Hayes predicts BTC and ZEC prices will rise after the U.S. government shutdown ends] Arthur Hayes stated that since the U.S. raised the debt ceiling in July this year, BTC prices have dropped by 5%, dollar liquidity has decreased by 8%, and the growth of the U.S. Treasury General Account (TGA) has led to dollar outflows. When the U.S. government shutdown ends, the TGA will decrease, helping dollar liquidity recover. It is expected that BTC prices will rise, and ZEC token prices will also increase accordingly.
Anti CZ Whale has shifted from short selling ETH to long, with current holdings including 32800 ETH ($109 million) long, 58.27 million ASTER ($59.7 million) short, 1.99 billion kEPE ($11.3 million) short, and 130000 DOGE ($21500) long. （Lookonchain）
[Canada Plans to Introduce Stablecoin Regulatory Legislation in the 2025 Federal Budget Framework] Canada plans to establish regulatory legislation for fiat-collateralized stablecoins under its 2025 federal budget framework. According to the 2025 budget released by the Canadian government, stablecoin issuers will be required to meet the following conditions: hold sufficient reserves, establish redemption policies, and implement risk management frameworks that include the protection of personal and financial data. To support the implementation of regulatory efforts, the Bank of Canada will allocate CAD 10 million during the 2026-2027 fiscal year and expects ongoing regulatory costs of approximately CAD 5 million annually. These costs will be borne by stablecoin issuers under the Retail Payment Activities Act. This plan is part of Canada’s "Payment System Modernization" strategy, aimed at providing the nation’s 41.7 million people with a faster, lower-cost, and secure digital payment environment. The United States’ passage of the Stablecoin Regulation GENIUS Act four months ago has served as a driving force for Canada.