Bitcoin Investors Are Running for Cover!

US spot Bitcoin ETFs recorded approximately $1.28 billion in net outflows during the week of Nov. 2–6.

Here's what we've got for you today:

  • Bitcoin ETFs Bleed $1.3 Billion in Worst Week Since June

  • US Senator Gives Binance, Tether and Trump-Linked Crypto Firms January 4 Deadline

  • Nvidia Board Opens Investigation Into CEO Jensen Huang as Chipmaker Faces AI Selloff

  • Binance CFO Steps Down Days After $6.3 Billion Hack as Exchange Appoints New Finance Chief

😭 Bitcoin ETFs Bleed $1.3 Billion in Worst Week Since June

US spot Bitcoin ETFs suffered their largest weekly outflows since June after losing $1.28 billion. BlackRock's IBIT led the sell-off, and accounted for roughly 95% of the week's withdrawals…

⚖️ US Senator Gives Binance, Tether and Trump-Linked Crypto Firms January 4 Deadline

US Senator Richard Blumenthal has given Binance, Tether and two Trump-linked crypto businesses until Jan. 4, 2027, to hand over outstanding records or face stronger congressional action. The investigation includes allegations involving $1.7 billion in Binance transactions linked to sanctioned networks and Tether's USDT use in Iranian financial networks.

👀 Nvidia Board Opens Investigation Into CEO Jensen Huang as Chipmaker Faces AI Selloff

Nvidia's board launched an independent investigation into reports that CEO Jensen Huang was targeted by a foreign intelligence operation. US lawmakers have requested a Nov. 18 briefing with Huang over alleged Chinese intelligence links.

👋 Binance CFO Steps Down Days After $6.3 Billion Hack as Exchange Appoints New Finance Chief

Binance CFO Kaiser Ng is stepping down just nine days after the exchange suffered a $6.3 billion security breach. Binance says the leadership transition was planned months before the attack and is unrelated to the security incident.

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