đ BITWU Midday Research Briefď˝11/05 (Thursday)
Today's changes (public data)
⢠Prices rebounded sharply from their 11/03 lows: BTC $80,548 (24h +5.24%), ETH $2,428 (+7.79%) (CoinGecko, 11/05 12:37 Beijing time)
⢠Still weak after the ETF data gap was filled: Farside 11/02 BTC â$398.6M, ETH â$139.7M; 11/03 BTC â$115.6M, ETH â$85.3M. On 11/04, BTC Total was +$275.8M but IBIT was still â-â; ETH Total was +$42.6M but ETHA/ETHB were still â-â
⢠Combined total for the latest 5 trading days with reported totals: BTC â$864.4M, ETH â$443.6M (including incomplete 11/04 data)
Macro calendar (Beijing time, BLS)
⢠September JOLTS: approximately 7.523 million job openings, 4.5% vacancy rate; the official statement described little change
⢠Today 21:30: Q3 productivity and costs preliminary estimateď˝Tomorrow 21:30: October nonfarm payrollsď˝11/10 21:30: October CPI
Public assessment (research brief, not investment advice)
Maintain a cautious bias: the spot-market rebound has been substantial, but it should not be taken as confirmation that ETF demand has returned. In the complete trading-day data, 11/02â11/03 still saw large outflows; 11/04 Total turned positive, but the major funds' data was incomplete (IBIT / ETHA / ETHB still showed â-â). Under the rule that missing data â 0, 11/04 must not be treated as a confirmed inflow day with complete major-fund data.
Flows at a glance
⢠BTC ETFs, latest 30 days with reported totals: 18 inflow days / 12 outflow days; November-to-date Total approximately â$238.4M (Farside)
⢠ETH ETFs, latest 30 days: 7 inflow days / 23 outflow days; November-to-date Total approximately â$182.4M
⢠USDT+USDC $249.1B (30 days â$9.5B; DefiLlama)
⢠AHR999 0.486 / MVRV 1.490 (11/04); latest LTH SOPR remains 0.8283 from 11/01 (\u003c1)
Sources: CoinGecko / Farside / DefiLlama / CoinMetrics / bitcoin-data / BLS / Fed, as of 2026-11-05 12:48 Beijing time. The above is for informational purposes only and does not constitute investment advice.
#BTC #ETH #ETF #éĺ #Bitwu
Today's changes (public data)
⢠Prices rebounded sharply from their 11/03 lows: BTC $80,548 (24h +5.24%), ETH $2,428 (+7.79%) (CoinGecko, 11/05 12:37 Beijing time)
⢠Still weak after the ETF data gap was filled: Farside 11/02 BTC â$398.6M, ETH â$139.7M; 11/03 BTC â$115.6M, ETH â$85.3M. On 11/04, BTC Total was +$275.8M but IBIT was still â-â; ETH Total was +$42.6M but ETHA/ETHB were still â-â
⢠Combined total for the latest 5 trading days with reported totals: BTC â$864.4M, ETH â$443.6M (including incomplete 11/04 data)
Macro calendar (Beijing time, BLS)
⢠September JOLTS: approximately 7.523 million job openings, 4.5% vacancy rate; the official statement described little change
⢠Today 21:30: Q3 productivity and costs preliminary estimateď˝Tomorrow 21:30: October nonfarm payrollsď˝11/10 21:30: October CPI
Public assessment (research brief, not investment advice)
Maintain a cautious bias: the spot-market rebound has been substantial, but it should not be taken as confirmation that ETF demand has returned. In the complete trading-day data, 11/02â11/03 still saw large outflows; 11/04 Total turned positive, but the major funds' data was incomplete (IBIT / ETHA / ETHB still showed â-â). Under the rule that missing data â 0, 11/04 must not be treated as a confirmed inflow day with complete major-fund data.
Flows at a glance
⢠BTC ETFs, latest 30 days with reported totals: 18 inflow days / 12 outflow days; November-to-date Total approximately â$238.4M (Farside)
⢠ETH ETFs, latest 30 days: 7 inflow days / 23 outflow days; November-to-date Total approximately â$182.4M
⢠USDT+USDC $249.1B (30 days â$9.5B; DefiLlama)
⢠AHR999 0.486 / MVRV 1.490 (11/04); latest LTH SOPR remains 0.8283 from 11/01 (\u003c1)
Sources: CoinGecko / Farside / DefiLlama / CoinMetrics / bitcoin-data / BLS / Fed, as of 2026-11-05 12:48 Beijing time. The above is for informational purposes only and does not constitute investment advice.
#BTC #ETH #ETF #éĺ #Bitwu
