● Grayscale Bitcoin Trust’s outflow this week hit a three-month low of only $27.2 million
According to Odaily Planet Daily, Arkham monitoring shows that the outflow of funds from Grayscale Bitcoin Trust (GBTC) this week was only $27.2 million, the lowest level in three months. This figure is more than 95% lower than the average weekly outflow of GBTC, and is also the lowest point since the outflow of $5.7 million in early June this year.
● Grayscale MKR Trust Fund Assets Exceed 2 Million USD
According to Odaily Planet Daily, official data shows that as of September 13, the management scale of Grayscale MakerDAO Trust, the Grayscale MakerDAO Trust Fund, has exceeded US$2 million, currently at US$2,131,780.51, and the net asset value per share is temporarily reported at US$9.75.
According to Odaily Planet Daily, Arkham monitoring data shows that WisdomTree BTC ETF (BTCW) has not sold any Bitcoin in four months. Since then, they have purchased more than $150 million worth of Bitcoin.
● QCP: Harris slightly prevailed in the debate, the market is cautious about rate cuts
According to Wu, QCP analysis pointed out that the debate between Trump and Harris became the focus of this week. Harris won the support of Taylor Swift, and Polymarket data showed that her chances of winning were slightly higher than 50%. CPI data was in line with expectations (2.5%), but PPI was slightly lower than expected (2.4%), and the market remained at 50/50 for a 25 or 50 basis point rate cut. BTC ETF showed capital inflows, and Microstrategy increased its holdings of 18,300 BTC, totaling 244,800. The options market's interest in ETH suddenly revived, with more than 20k contracts purchased.
According to Jinshi, the United States will release the monthly retail sales rate, which is known as the "horror data", next Tuesday. At 2 a.m. on Thursday, the Federal Reserve will release its September interest rate decision, with a 50% chance of a 25 basis point and a 50 basis point cut. This will be the most uncertain meeting in many years.
According to Jinshi.com, after the US CPI report was released earlier this week, the market almost believed that the Federal Reserve would slightly cut interest rates by 25 basis points this month, but the situation has reversed rapidly since Thursday. There will be many key events next week:
Tuesday 20:30, U.S. August retail sales monthly rate;
At 14:00 on Wednesday, the UK’s August CPI monthly rate and the UK’s August Retail Price Index monthly rate;
At 2:00 on Thursday, the Federal Reserve will announce its interest rate decision and a summary of economic expectations;
At 2:30 on Thursday, Federal Reserve Chairman Powell held a monetary policy press conference;
At 20:30 on Thursday, the number of initial jobless claims in the United States for the week ending September 14 and the Philadelphia Fed Manufacturing Index for September;
At 11:00 on Friday, the Bank of Japan will announce its interest rate decision;
At 14:30 on Friday, Bank of Japan Governor Kazuo Ueda held a monetary policy press conference.
