Spot Bitcoin ETFs in the U.S. recorded $151 million in net outflows, while Ether ETFs saw $96.67 million in net inflows. Throughout November, total outflows from Bitcoin ETFs have reached approximately $3.5 billion.
Japan is preparing a new regulation that will require crypto exchanges to establish emergency reserves to protect against hacks and technical failures.
Following New York Fed President John Williams’ signal toward possible rate cuts, San Francisco Fed President Mary Daly also stated that she supports a rate cut in December.
At the time of writing, Bitcoin (BTC) is trading at $87,428, while Ethereum (ETH) stands at $2,900.
The Fear and Greed Index is at 15, indicating extreme fear.
Key developments to watch today:
Core (CORE): The Hermes mainnet upgrade will be released.
MegaETH (MEGAETH): The USDm stablecoin and pre-deposit bridge system will launch.
