US markets staged an impressive turnaround with the S&P 500 up 1%, Dow up 1.1% to 46,245, and Nasdaq up 0.9% after New York Fed President John Williams suggested room for near-term monetary easing, pushing December rate cut probability to 71.5% from 39.1% earlier, while Nvidia recovered from a 4% plunge to finish down just 1% on Bloomberg reports that US officials are considering allowing H200 AI chip sales to China, though the S&P 500 remains on track for its worst monthly performance since March despite November traditionally being strong for equities, as $3.1 trillion in notional options expired amplifying volatility.
European markets closed down 0.3% with the Stoxx 600 declining as technology endured its worst week since April with ASML down 6.3% and Siemens Energy down 10.1%, while defense stocks tumbled with Rheinmetall down 7.2% and Rolls-Royce down 3.8% on reports that Kyiv and European allies rejected key US-Russian peace plan elements, though consumer staples advanced 1.8% with Nestlé, Diageo, and AB InBev gaining as investors sought safe havens, and CTS Eventim surged 11.7% on Live Entertainment earnings beat lifting media 2.1%.
US Spot ETF Flows
Asset
Daily Inflow
Daily Change
Weekly Inflow
Total Assets
Daily Volume
BTC ETFs
$238.5M
-126.4%
$-1.2B
$110.1B
$11.0B
ETH ETFs
$55.7M
-121.3%
$-500.3M
$16.9B
$2.3B
SOL ETFs
$10.6M
-
-
$719.5M
$69.9M
US BTC Spot ETF Flows
US ETH Spot ETF Flows
US SOL Spot ETF Flows
Crypto Liquidations Summary
Liquidation Type
Value
% of Total
24h Change
Total Liquidations
$199.08M
-
$+13.28M (+7.14%)
Shorts
$101.35M
50.9%
$-7.98M (-7.30%)
Longs
$97.74M
49.1%
$+21.26M (+27.80%)
BTC
$70.75M
35.5%
$+15.18M (+27.33%)
ETH
$49.80M
25.0%
$+15.59M (+45.58%)
BlackRock's iBIT experienced $2.47 billion in outflows in November, accounting for 63% of the $3.79 billion withdrawn from US spot Bitcoin ETFs.
Ark Invest added $600k in Bitcoin ETFs and invested in Bullish, Bitmine, Circle, and Robinhood on Friday as crypto equities rebound.
A solo bitcoin miner with 1.2 TH/s computing power earned 3.146 BTC worth $266,000, beating massive odds in the competitive mining landscape.
The NYSE has approved the listing of Grayscale’s Dogecoin and XRP exchange-traded funds to launch on Monday.
Coinbase initiated a planned internal wallet migration on Saturday moving Bitcoin, Ether, and other tokens to new internal wallets as a routine cybersecurity best practice to minimize long-term exposure of publicly known addresses, unrelated to any breaches or external threats, while warning users that scammers may exploit the situation by impersonating representatives.
BitMine announced Friday it will launch the "Made in America Validator Network" (MAVAN) in Q1 2026 to stake its Ether holdings for revenue generation, despite sitting on over $3.7 billion in unrealized losses with ETH crashing below $3,000 and the company now more than $1,000 underwater on each ETH acquired during July-August highs, as crypto treasury companies face mNAV (mNAV = Market Capitalization ÷ Net Asset Value) collapse and struggle to attract investors amid competition from lower-cost BlackRock ETFs according to 10x Research.
