News

Foresight News reported, according to SoSoValue data, during last week's trading days (Eastern Time, November 17 to November 21), Bitcoin spot ETFs saw a net outflow of $1.22 billion for the week. The Bitcoin spot ETF with the highest weekly net inflow last week was the Grayscale Bitcoin Mini Trust ETF BTC, with a weekly net inflow of $274 million. The historical total net inflow for BTC has reached $1.951 billion. The next highest was the Invesco and Galaxy Digital ETF BTCO, with a weekly net inflow of $35.8 million, and BTCO's historical total net inflow has reached $209 million. The Bitcoin spot ETF with the largest weekly net outflow last week was the Blackrock ETF IBIT, with a weekly net outflow of $1.09 billion. The historical total net inflow for IBIT has reached $62.7 billion. The next largest was the Grayscale ETF GBTC, with a weekly net outflow of $172 million, and GBTC's historical total net outflow has reached $25.03 billion. As of press time, the total net asset value of Bitcoin spot ETFs is $110.11 billion, with the ETF net asset ratio (market value as a percentage of total Bitcoin market cap) reaching 6.53%, and the historical cumulative net inflow has reached $57.64 billion.

Foresight News reported that Monad ecosystem project FastLane Labs will launch a points system. FastLane Points are designed to reward Nads users who contribute to Monad. Users can earn points by deploying FastLane recommended assets on Monad, with points dynamically allocated based on contribution and protocol usage. Methods include liquidity staking via shMonad to earn both points and returns, or choosing the Degen mode to receive points instead of returns. Additionally, users can earn extra points by staking shMON through partners and completing Monad community tasks.