深潮 TechFlow

Deep Tide TechFlow news, on November 10, according to SoSoValue data, during the last trading week (Eastern Time from November 3 to November 7), Ethereum spot ETF had a net outflow of 508 million dollars.

The Ethereum spot ETF with the highest net inflow last week was Invesco ETF QETH, with a weekly net inflow of 2.59 million dollars. Currently, QETH has a historical total net inflow of 23.9 million dollars; followed by 21Shares ETF TETH, with a weekly net inflow of 519 thousand dollars, currently TETH has a historical total net inflow of 18.76 million dollars.

The Ethereum spot ETF with the highest net outflow last week was Blackrock ETF ETHA, with a weekly net outflow of 297 million dollars. Currently, ETHA has a historical total net inflow of 13.87 billion dollars; followed by Fidelity ETF FETH, with a weekly net outflow of 109 million dollars, currently FETH has a historical total net inflow of 2.58 billion dollars.

Deep Tide TechFlow news, November 10, HTX DeepThink columnist and HTX Research researcher Chloe (@ChloeTalk1) analyzed that the US government shutdown has lasted for more than a month. Although the Senate leaders from both parties recently stated they are seeking a 'derailment plan', lawmakers remain deadlocked over issues such as Medicaid, and both sides only indicated there has been 'initial progress', but no real agreement has been reached. Due to the shutdown causing official statistics to be paused, the market can only rely on private data to assess the economic situation: the ADP report shows that in October, the private sector added only 42,000 jobs, with wage growth maintaining at 4.5%, and the labor market clearly cooling; meanwhile, the AI sector led the decline in tech stocks, with investors taking profits and high valuations seen as the main reason for the adjustment. The strengthening dollar has caused gold prices to fall by about 1.5% within a week, and market expectations for a rate cut in December have dropped from over 90% to about 71%.

According to Deep Tide TechFlow news, on November 10, based on SoSoValue data, the net inflow for the SOL spot ETF for the last trading week (Eastern Time from November 3 to November 7) was $137 million.

Last week, the spot ETF with the highest net inflow for a single week was the Bitwise Solana Spot ETF BSOL, with a weekly net inflow of $127 million and a historical total net inflow of $324 million; followed by the Grayscale Solana Spot ETF GSOL, with a weekly net inflow of $9.76 million and a historical total net inflow of $11.94 million.

As of the time of publication, the net asset value of the Bitcoin spot ETF is $576 million, with an ETF net asset ratio (the market value as a percentage of the total market value of Bitcoin) reaching 0.64%. The historical cumulative net inflow has reached $336 million.

According to TechFlow news on November 10, based on SoSoValue data, during the last trading days (Eastern Time from November 3 to November 7), the Bitcoin spot ETF had a weekly net outflow of $1.22 billion.

Last week, the Bitcoin spot ETF with the highest weekly net inflow was the Grayscale Bitcoin Trust ETF BTC, with a weekly net inflow of $21.61 million. Currently, the historical total net inflow for BTC is $1.97 billion; second was the Bitwise ETF BITB, with a weekly net inflow of $4.69 million and a historical total net inflow of $2.32 billion.

Last week, the Bitcoin spot ETF with the highest weekly net outflow was the Blackrock ETF IBIT, with a weekly net outflow of $581 million. Currently, the historical total net inflow for IBIT is $64.32 billion; second was the Fidelity ETF FBTC, with a weekly net outflow of $438 million and a historical total net inflow of $12.00 billion.

Deep Tide TechFlow news, on November 10, Bitget launched the Double 11 VIP exclusive event, open to users in Chinese-speaking regions. During the event, VIP users only need to fill out a form to enjoy a 15-day Bitget VIP 6 preferential rate, with Maker as low as 0.008% and Taker at 0.03%. Regular and other users, or existing VIPs, can upgrade to VIP+1 by meeting contract trading volume requirements after signing up, and will receive rewards of 350 or 700 USDT in experience funds. The event runs from November 10 at 11:00 to November 16 at 23:59 (UTC+8).

In addition, from November 11 at 00:00 to November 12 at 23:59 (UTC+8), all official VIPs can enjoy flash sale privileges. After signing up, if their contract trading volume reaches 1000 USDT, they can draw 100% from 10 to 1111 USDT in contract experience funds. Detailed rules have been published on the Bitget official platform, and users must click the 'Join Now' button to complete registration to participate in the event.

Written by: Deep Tide TechFlow

The market is currently undergoing another deep adjustment, and everyone is waiting for the rebound after the overreaction.

But when the market truly rebounds, which sectors do you think will benefit first?

The greatest potential comes from those popular narratives that led the market before the big drop but were interrupted. For example, we can take a look at the recent performance of privacy coins; and aside from the new trading of old coins and privacy coins, another narrative that can ignite related assets is naturally x402.

Previously, we also wrote that most opportunities for x402 are now on the Base chain; but looking back at the market pulse this year, BNB Chain has genuinely created wealth effects in the Perp DEX and meme sectors (though controversial), while x402 has been absent.

According to Deep Tide TechFlow, on November 10, as reported by Ming Pao citing Bloomberg, the Hong Kong government plans to issue digital green bonds denominated in US dollars, Hong Kong dollars, euros, and renminbi again, with pricing set as early as today. This will be the third time the Hong Kong government has issued digital bonds since 2023, with the scale of the first two issuances totaling 6.8 billion Hong Kong dollars.

S&P Global Ratings and Fitch Ratings have assigned ratings of "AA+" and "AA-" respectively to the various currency digital bonds that Hong Kong plans to issue, consistent with their long-term foreign and local currency issuer ratings for Hong Kong.

According to reports, digital bonds can be issued through distributed ledger technology (DLT) platforms and can also be issued on public chains like Ethereum, which may offer greater flexibility. Compared to traditional bonds, digital bonds not only may have shorter settlement times and lower costs but also can leverage the growing appeal of blockchain-based securities to accelerate expansion.

Article by: Biteye core contributor @viee7227

Once upon a time, the dynamics of the primary market were relatively clear: VCs provided funding, KOLs raised voices, and retail investors provided liquidity.

But today, this way of playing seems to be breaking down.

VC endorsement is no longer omnipotent; project teams are beginning to redesign the rules of the game around 'influence.' KOLs are no longer just simple traffic roles. They hold chips, step into the poker table, and can even determine the life and death of a project.

To some extent, the KOL round is a token distribution method that emerged after VCs exited and retail investors went silent, under the narrative of 'influence above all.' In the past 7 days, XHunt's statistics show that there have been as many as 3860 tweets mentioning 'KOL' in the crypto space, while 'VC' has 3078 tweets, marking the quiet beginning of a shadow war over influence.