US spot Bitcoin ETFs recorded USD 201.08 million in net withdrawals, led by BlackRock's IBIT with USD 213.23 million in outflows.
Framingham banned cryptocurrency ATMs after USD 397,000 in reported scam losses
Trump Media reported USD 409.7 million in quarterly profit, while BitMine expanded its Ethereum treasury to 6,070,092 ETH.
The crypto market witnessed several major developments as spot Bitcoin ETFs recorded USD 201.08 million in net outflows, while a Massachusetts city banned cryptocurrency ATMs following USD 397,000 in reported scam losses. Meanwhile, Trump Media reported USD 409.7 million in quarterly profit and BitMine purchased another 9,587 ETH to bring its holdings to 6.07 million coins. Binance has issued a warning to iPhone users about an iOS vulnerability called “worse_query,” which could let malicious apps access files on a device.
According to SoSoValue, the Bitcoin spot ETF saw a total net outflow of USD 201.08 million yesterday.
The Bitcoin spot ETF with the highest net inflow yesterday was Morgan Stanley's ETF MSBT, with a daily net inflow of USD 22.06 million, and the total historical net inflow of MSBT currently stands at USD 805.14 million.
The Bitcoin spot ETF with the highest net outflow yesterday was BlackRock's ETF IBIT, with a daily net outflow of USD 213.23 million, and the total historical net inflow of IBIT currently stands at USD 64.89 billion.
The total net asset value of Bitcoin spot ETFs is USD 94.4 billion, with an ETF net asset ratio of 6.27%. The historical cumulative net inflow has reached USD 55.50 billion.
A Massachusetts city has banned cryptocurrency ATMs after residents reported losing USD 397,000 to scams involving the machines since 2023.
The Framingham City Council voted unanimously to approve the ban at its recent November meeting, reports MetroWest Daily News.
The ban is meant to protect senior citizens, non-English speakers and lower-income residents from financial fraud.
District 3 Councilor Mary Kate Feeney first introduced the proposal in October. 'This is really something to protect our seniors. There are so many scams, and I don’t need to tell you, I think we have all heard the horrible stories. But this is something that we can do to limit scams in our city.'
Also Read: Bitcoin Falls Below USD 74,500 as ETF Outflows and Investor Losses Rise Ahead of US Inflation Data
Trump Media posted a third-quarter 2026 profit of USD 409.7 million, after a year-earlier loss of USD 54.8 million. Almost all of it came from non-cash valuation gains on bitcoin and shares.
Trump Media & Technology Group (DJT) operates the social network Truth Social, and its shares trade publicly. It earns money from advertising, subscriptions and, since August 2026, a data feed for business clients.
In addition, it has held a large bitcoin treasury since 2025. A capital raise of around USD 2.5 billion in May 2025 laid the foundation. Of that, about USD 1.5 billion came in through shares and USD 1 billion through convertible bonds.
As a result, quarterly results have moved with the Bitcoin price ever since. The operating business, however, remains small: despite a 205% increase, revenue came to USD 3.0 million.
Bitmine Immersion Technologies purchased 9,587 ETH in the week ending 8 November, bringing its Ethereum holdings to 6,070,092 coins, or 4.97% of the total supply.
This is close to their target of 5%, after which they plan to stop steady buying. The ETH holdings are valued at about USD 13.6 billion at USD 2,234 per coin, with most staked to generate annual rewards.
Bitmine's strategy reflects confidence in ETH as a store of value, supported by Ethereum founder Vitalik Buterin's recent remarks. Investors should watch if Bitmine completes its 5% target or changes strategy in upcoming reports.
Binance has warned iPhone users about an iOS vulnerability known as 'worse_query' that could allow malicious applications to access files belonging to other apps, potentially exposing cryptocurrency wallet credentials.
In a November 10 security warning, the exchange identified iOS 26.7.1, 27.0.1 and 27.2 among the affected versions. It said the flaw could expose recovery phrases, private keys and login information stored locally, while stressing that the problem concerns Apple’s operating system rather than Binance alone.
The vulnerability involves Apple’s application sandbox, a security feature designed to prevent installed applications from accessing another app’s private files without authorization.
According to the worse_query research repository, the flaw allows an application to reach directories normally restricted to other software. The published proof of concept covers multiple iOS 26 and iOS 27 releases.
Also Read: Top 10 Ethereum Ecosystem Developments to Watch in 2027
1. Why did Bitcoin ETFs record USD 201 million in net outflows?
According to SoSoValue, US spot Bitcoin ETFs recorded USD 201.08 million in net withdrawals, with BlackRock's IBIT accounting for USD 213.23 million in outflows. The figures indicate net selling across the funds but do not establish investors' specific reasons.
2. Why did Framingham ban cryptocurrency ATMs?
Framingham City Council unanimously approved a cryptocurrency ATM ban following reports of USD 397,000 in scam-related losses since 2023. The measure aims to protect senior citizens, non-English speakers and lower-income residents from financial fraud.
3. How did Trump Media report USD 409.7 million in quarterly profit?
Trump Media reported USD 409.7 million in Q3 2026 net income, reversing a USD 54.8 million loss a year earlier. The profit was primarily driven by non-cash valuation gains on Bitcoin and other investments, while revenue reached USD 3 million.
4. How much Ethereum does BitMine hold after its latest purchase?
BitMine purchased 9,587 ETH during the week ending November 8, increasing its holdings to 6,070,092 ETH. The company reported holdings equivalent to approximately 4.97% of Ethereum's total supply, approaching its 5% target.
5. What is the Binance iOS security warning about?
Binance warned iPhone users about a vulnerability called 'worse_query,' which could allow malicious applications to access files belonging to other apps. The flaw could potentially expose locally stored cryptocurrency recovery phrases, private keys and login credentials.
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