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The selling in the funds slowed, but it did not stop. Spot Bitcoin ETFs lost $95 million on Tuesday. That is down from $201 million on Monday and $412 million on Friday. Bitcoin is still near $73,500 after the hot CPI print. It touched about $72,800 and barely moved the rest of the day. December hike odds are now near 90%. The price held better than the stocks did. The funds are still negative for the year. The bid that was supposed to come after the election is still missing from the ETF tape

The New York Stock Exchange just picked a chain for tokenized stocks. Avalanche will be the core ledger for the NYSE’s planned 24/7 tokenized securities platform. It still needs regulatory approval, but the parent company of the exchange is building it. Bitcoin is trading near $73,500 after the hot CPI print. It touched about $72,800, the lowest since August. Public companies have sold roughly $8 billion of bitcoin this year. The same week miners are turning their power into AI capacity. Stocks are getting a blockchain while the biggest crypto is still leaking from the funds.

The print was hotter and the price went lower. October CPI rose 0.4% on the month, core 0.3%. Both were a tenth above what economists expected. Bitcoin dropped below $74,000 within minutes and touched about $73,400. MARA sold 13,597 bitcoin for $1.1 billion over six weeks. It paid off its loans and said it will sell more to fund AI data centers. The same week the ETFs lost $1.28 billion. Miners are turning their power into AI capacity while the funds keep leaving.

CPI is today and Bitcoin is still under $75,000. It hit $73,500 over the weekend, the lowest since August. Spot Bitcoin ETFs lost $1.28 billion last week, the worst since June. The year is now net negative for the funds. December hike odds are near 77%. Core Scientific is leaving mining by year-end because AI already makes 92% of its revenue. SpaceX just proposed a $24 billion AI supercomputer. The power and the money are going somewhere else this week.

It broke $74,000 over the weekend. Bitcoin hit about $73,500, the lowest since August. It is trading near $74,500 now. That is the fifth straight weekly loss. Spot Bitcoin ETFs lost $1.28 billion last week, the worst since June. The year flipped to net outflows. CPI is this week. December hike odds are near 77%. SpaceX just proposed a $24 billion AI supercomputer in Texas, about 17 times the value of its bitcoin pile. Coinbase's national trust bank charter took effect. The price is testing levels the funds already left.

One of the biggest US miners is leaving Bitcoin. Core Scientific plans to quit mining by year-end. AI data centers now make about 92% of its revenue. It will enter 2027 with no mining at all. Russia opens Bitcoin, Ether and USDT to retail investors from November 17. Forty of the top fifty coins are down this week. Bitcoin is near $76,000, down 2.4% on the week. The power that used to mine is now being sold to AI.

Saturday, and the price is stuck while the rules are moving. Bitcoin is near $76,000. Ether is near $2,240. Spot Bitcoin ETFs lost about $412 million on Friday. The month is already down roughly $1.28 billion. Fear and Greed is at 25. Russia will let ordinary investors buy bitcoin and ether from November 17, with a yearly cap. The Treasury pulled a 2020 proposal that would have cut the crypto transfer reporting threshold to $250. A rule allowing crypto in 401(k) plans is now on the White House desk for final review. The market is flat. The paperwork is no

The AI trade cracked, and crypto went with it. Nasdaq fell 5.5% on Thursday, its worst day in about 18 months. Chip stocks and AI names sold off. Bitcoin dropped from above $80,000 to a close near $75,970, the lowest since September. More than $1 billion in leveraged positions were liquidated. Spot Bitcoin ETFs lost about $430 million. Friday is a weak bounce near $76,000. The October jobs report came in hot, 165,000 against 59,000 expected. December rate-hike odds rose. The market is now pricing the Fed and the AI slowdown, not the election.

It took $80,000 back, and the funds flipped the same day. Bitcoin is near $80,500, up about 5% after the midterms. Ether is near $2,420, up roughly 8%. Spot Bitcoin ETFs took in $74.6 million yesterday. Fidelity added $236.7 million. BlackRock's IBIT still lost $201 million. The funds are still down about $440 million for November. Democrats now control both chambers and are already talking investigations into Trump's crypto circle and Big Tech. Zcash is moving to freeze $16 million in its original privacy pool. The price recovered. The political setup did not.

It dipped to $75,600 when the results came in. It is near $78,300 now. Democrats took both the House and the Senate. Bitcoin recovered the dip and is up about 1.3% since midnight. Ether is up 2%. DeFi is leading. Stock futures turned positive after earlier losses. Bitwise and CoinShares say the sweep was already priced in. Polymarket had it near 65% at the start of the week. The market sold the uncertainty and bought the known outcome. The committee chairs are the part that has not cleared yet. A relief bounce is not a new bid.

Election day, and the bill that matters is already on a clock. Kalshi has Democrats at 94% for the House and 74% for the Senate. The CLARITY Act passed the House 294-134. It failed a Senate cloture vote 49-50. If Congress does not act before January 3, the bill dies and starts over. Crypto groups spent more than $200 million on this cycle. Bitcoin is near $77,000. It is still 5.2% above its 200-day average. In 2014, 2018 and 2022 it sat below that line on election day. IBIT lost $405 million yesterday, its biggest day out since June. Binance's net outflows are near $5 billion, but hourly deposits just overtook withdrawals. The vote sets the committee chairs. The price is the smaller story.

The biggest heist on record, and the price only slipped to a six-week low. Hackers took $6.3 billion from Binance last week. The FBI has linked it to North Korea. After the exchange came back online, customers pulled about $3.6 billion. Bitcoin is near $78,000. Ether is near $2,290. That is a shock, not a collapse. Ether ETFs are on a fifth straight week of outflows, $1.61 billion out in October. XRP funds took in $4.3 million last week while Bitcoin, Ether and Solana funds lost money. Midterms are tomorrow. The market is waiting on the House, not on another price print.

What happens to 30,000 bitcoin if two companies become one? SpaceX and Tesla formed committees to explore a merger. Together they already hold more than 30,000 bitcoin, about $2.5 billion. The coins do not move. The owner might. The same day, Switzerland approved its first retail bitcoin ETF. Bitcoin is near $83,500, a week high. Tuesday's US ETF inflow was only $23 million, after $526 million on Monday. A merger is a balance sheet story. An ETF approval is an access story. Neither is a bid until someone writes a check.

$526 million in on Monday. The price is lower on Tuesday. Spot Bitcoin ETFs took their biggest day in nearly a month. Bitcoin is near $81,400 anyway. South Korea's Kospi fell 3.7% on chip and AI worries. Deribit puts are outtrading calls by more than two to one. The inflow was real. The bid under it was not. CME listed Uniswap futures the same week, the first DeFi token with a contract there. Access keeps arriving. Conviction is the part that is missing

46 million German savers can buy it now. The funds spent the week selling it. Sparkassen, Europe's largest savings bank network, opened crypto trading today. Customers can buy Bitcoin, Ether, XRP and Solana. That is 46 million accounts. The same week, crypto ETFs let $610 million walk. Ether funds lost more than Bitcoin funds. Circle minted 250 million USDC on Solana this morning. A bank door opening is not the same as money arriving. One is access. The other is a bid.

Thirteen weeks of money in. Then a small week out. US spot XRP ETFs just posted a $1.84 million weekly outflow. That ends a 13-week inflow run. The products have taken in about $1.8 billion over their life, so the week is small. The streak is the point. The same week, a BIS paper said stablecoin growth slows when banks raise deposit rates. USDC is the most sensitive. Cash is paying more. The wrappers felt it first.

Why did Ether funds lose more than Bitcoin funds? $610.7 million left crypto ETFs from October 12 to 16. Ether products lost $320 million. Bitcoin lost $228 million. BlackRock's ETHA alone was $299 million of the Ether exit. Friday was red across the board. Bitcoin -$82 million, Ether -$70 million, Solana -$13 million, XRP -$2.5 million. Polymarket now prices a 14% chance of an October hike. It was near 45% right after CPI. The odds cooled. The outflows did not.