Key facts: ETH outflows top $2.1B; ETHUSD drops 44%; BitMine holds 6M
Ethereum-linked investment products were set for a seventh straight week of outflows, with withdrawals topping $2.1 billion over the seven-week stretch.• Ethereum vs US Dollar, Spot CFD (ETHUSD) fell about 44% during the fiscal year ended August 31, 2026, as reported in connection with BitMine’s $6.31 billion net loss for the year.BitMine held 6.07 million ETH on Nov. 8, about 4.97% of supply, with over 5.22 million staked. It warned ETHUSD price swings could drive volatility in results and finances.F2Pool co-founder Chun Wang bought 5,246 ETH at an average $2,054 over two days after selling 6,200 wstETH near $2,400. He staked 3,996 ETH through Lido and used the wstETH as Spark collateral.Russia’s central bank lets regulated firms offer ETH to retail investors, with annual purchases capped at 300,000 rubles per firm. Buyers must pass a risk test; holdings stay in a digital depository.Russia’s new rules bar Ethereum held in domestic digital depositories from transfer to personal wallets or other individuals, limiting approved transfers to eligible foreign custodians.This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.