Bitcoin spot ETFs saw $412 million net outflows on November 6, while Ethereum spot ETFs lost $93.19 million. Fidelity’s FBTC led Bitcoin inflows with $42.82 million and BlackRock’s ETHB led Ethereum inflows with $1.15 million.
Key points
Bitcoin spot ETFs net outflows $412 million on November 6 (ET)
Fidelity FBTC net inflow $42.82 million, top Bitcoin spot ETF inflow
Ethereum spot ETFs net outflows $93.19 million on November 6 (ET)
BlackRock ETHB net inflow $1.15 million, top Ethereum spot ETF inflow
Sources
BLAKE3 stream API sketch adds incremental multithreaded batching
BLAKE3-Servil proposes a new stream API that supports incremental, multithreaded, batched hashing with limited memory and back-pressure. The design keeps existing bulk calls and adds async submit functions for prepared blocks and batches. A sample benchmark hashes one million 32-byte messages using a multithreaded batch call.
Key points
Incremental pipeline, convenience Hasher and async submission signatures are provisional in the design.
Example hashes one million 32-byte messages in a 64MB aligned batch, producing 32MB of digests via throughput::hash_many_multithreaded.
Sources
- Original post
- BLAKE3/docs/api-sketch.md at design/stream-api - Linked page
Singapore MAS urges caution after Binance hack
Singapore's Monetary Authority of Singapore says cryptocurrency trading is unsuitable for the general public after the Binance hack. It warns consumers to avoid unregulated firms and notes Binance is not authorized to provide regulated financial services in Singapore.
Key points
November 5 spokesperson said crypto trading is unsuitable for the general public.
Binance is not authorized to provide regulated financial services in Singapore; safeguards cannot fully prevent losses even with licensed firms.
Sources
Adam Back says institutional allocation will drive Bitcoin third wave
Adam Back says Bitcoin's third adoption wave will come from professional asset management channels. Major investment banks recommend a 2%-4% Bitcoin allocation in model portfolios.
Key points
Recommendation: 2% to 4% Bitcoin allocation in model portfolios by major investment banks.
Channels: Mutual funds, pension funds, insurance products, and Bitcoin treasury companies will provide indirect exposure.
Sources
Coinbase CEO backs tokenizing COIN stock, 67 firms object to tokenized shares
Coinbase CEO Brian Armstrong supports tokenizing Coinbase stock to broaden the shareholder base. 67 companies, including Apple, Tesla, Nvidia and Meta, have objected to their shares being tokenized on OKXICE, covering 56 of the 62 initially targeted firms (≈90.3%).
Key points
CEO Brian Armstrong backs tokenizing Coinbase stock to broaden the company's shareholder base.
67 companies object to tokenized shares on OKXICE, including Apple, Tesla, Nvidia and Meta, representing 56 of 62 targeted firms (≈90.3%).
Sources
Physical Superintelligence PBC proof of Aaronson-Ambainis conjecture
Physical Superintelligence PBC announced a proof of the Aaronson-Ambainis conjecture, a central open problem in quantum complexity. The proof is said to have major implications for quantum computing speedup.
Key points
Announcement: Physical Superintelligence PBC proved the Aaronson-Ambainis conjecture.
Claim: The result has major implications for quantum computing speedup.