U.S. SEC Official: Rise of 24/7 Trading Boosts Influence of Retail Investors and Passive Investment Institutions

Bloomberg ETF analyst Eric Balchunas said in a post that the 2x leveraged long Nvidia ETF has attracted substantial dip-buying, with investors allocating more funds as prices decline. This buying spree isn’t limited to Nvidia alone. Balchunas pointed out that over the past two days, ETF inflows have been primarily concentrated in equity products. Total ETF inflows reached $13 billion yesterday, and 19 of the top 20 inflow products were equity ETFs.

Bank of America Global Research has included a 25 basis point rate hike by the Federal Reserve in January 2027 in its forecast, and now projects that the Fed will raise rates by 25 basis points each in December 2026, January 2027, and March 2027.

According to the financial report released by TON Strategy (TONX), the company's third-quarter revenue reached $13.1 million, mainly from GRAM staking rewards, down from $15 million in the second quarter. The company stated that the volume of staking rewards remained basically unchanged quarter-over-quarter, with the revenue decline driven primarily by a drop in GRAM price. In the third quarter, operating profit from TON Strategy's continuing operations rose from around $500,000 in the prior quarter to approximately $4 million, but the fair value of its held GRAM resulted in an unrealized loss of about $27.2 million. The company posted a net loss of roughly $23.98 million for the quarter, compared with a net profit of around $84.72 million in the same period last year. As of September 30, TON Strategy held approximately 235.1 million GRAM tokens, of which about 232.9 million were staked, with the fair value of its digital assets standing at roughly $348.5 million. The company received around 9.4 million GRAM staking rewards in the quarter, with an annualized gross staking yield of approximately 16%, and spent about $5.7 million to repurchase roughly 1.8 million common shares.

Data from the London Stock Exchange Group shows that after U.S. October producer price gains came in lower than expected, the likelihood of the Federal Reserve raising interest rates by 25 basis points in December has increased relative to the probability of a 50 basis point hike. The PPI index rose 0.3% month-on-month, below analysts’ forecast of 0.4%; the year-on-year reading was up 6.5%, also missing the 6.6% expectation. Following the data release, money markets priced in a 91% probability of a 25 basis point Fed rate hike, up from 86% prior to the release; meanwhile, the probability of a 50 basis point hike fell from 14% to 9%.

Nov 13 Update: #Bitcoin ETFs: 1D NetFlow: -4,423 $BTC(-$308.81M)?? 7D NetFlow: -19,045 $BTC(-$1.33B)?? #Ethereum ETFs: 1D NetFlow: -32,917 $ETH(-$64.95M)?? 7D NetFlow: -218,001 $ETH(-$430.15M)??

Federal Reserve official Austan Goolsbee said inflation is broad-based and moving in the wrong direction. He noted that one should not feel complacent just because wage inflation has not materialized, adding that inflation will determine the path of interest rates. "I agree the Federal Reserve still has work to do on inflation," he stated.