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According to ChainCatcher, citing RBC, the National Bank of Kazakhstan (NBK) is considering investing up to $300 million in crypto assets, but the final amount has not been determined and may range from only $50 million to $250 million. NBK Chairman Timur Suleimenov stated that due to the recent sharp decline in the crypto market, it is necessary to "let the dust settle" before entering cautiously. The funds will come from the central bank's foreign exchange reserves rather than the national fund. Previously, Kazakhstan established the national-level crypto fund Alem Crypto Fund and completed its first investment in BNB.

Jinse Finance reported that BlackRock's spot bitcoin ETF, IBIT, saw a net outflow of $2.34 billion in November, with approximately $463 million in net outflows on November 14 and about $523 million on November 18, both breaking previous single-day outflow records. Cristiano Castro, the Director of Business Development, commented that the $2.34 billion outflow is a normal phenomenon and BlackRock remains confident in its long-term prospects. The spot bitcoin ETF has become one of BlackRock's most important sources of revenue, with growth so rapid that the November outflows were only due to previously strong demand. Cristiano Castro told reporters: "Spot ETFs are highly liquid and powerful tools, designed to allow investors to flexibly allocate capital and manage cash flow. What we are seeing now is completely normal—any asset will experience this phenomenon during a price correction, especially with a tool that has a high proportion of retail investors." As bitcoin returned above $90,000 on Thursday, IBIT investors' cumulative unrealized gains have reached about $3.2 billion, successfully offsetting losses from previous bitcoin corrections.