November 2, 2026

The week in three charts

1. 1 of 3

   6 insiders bought BBT shares on the open market, $274 thousand in all

   $274K1 Nov

   0

   $274K

   16 Aug1 Nov

   BBT (Beacon Financial): 6 insiders bought on the open market for $274 thousand in total. Data

2. 2 of 3

   Net inflow of $151 million across two spot bitcoin ETFs (IBIT, BITB)

   $151Mweek to 30 Oct

   0

   $675M

   -$269M

   19 Oct30 Oct

   Spot BTC ETFs (IBIT, BITB, from the issuers' own holdings files): net inflow of $151 million for the week to October 30, 2026. Data

3. 3 of 3

   Leveraged funds' net short in 3-Month SOFR grew by 162,945 contracts

   2,535,985 contractsnet short, 27 Oct

   0

   2,803,445

   2,245,507

   11 Aug27 Oct

   3-Month SOFR: leveraged funds' net short grew by 162,945 contracts, to 2,535,985 (COT of October 27, 2026). Data

Insiders

Form 4 filings, open-market transactions only.

• BBT (Beacon Financial): 6 insiders bought on the open market for $274 thousand in total. Data
• Largest open-market buy: LYCA, $35 million by Venrock Healthcare Capital Partners III, 10% owner on October 26, 2026. Data
• Largest open-market sale: DVA, $69 million by Berkshire Hathaway, 10% owner on October 27, 2026. Data

Money flows

Issuer holdings files, the Federal Reserve Board's H.4.1 and the New York Fed, TreasuryDirect results.

• Spot BTC ETFs (IBIT, BITB, from the issuers' own holdings files): net inflow of $151 million for the week to October 30, 2026. Data
• Spot ETH ETFs (ETHA, ETHW, from the issuers' own holdings files): net outflow of $388 million for the week to October 30, 2026. Data
• Fed net liquidity (balance sheet less reverse repo and the Treasury account): $5.75 trillion as of October 28, 2026, down $56 billion on the week. Data
• Weakest Treasury auction of the week: the 5-Year note on October 27, 2026, bid-to-cover 2.33, high yield 4.845%. Data

Positioning

CFTC Commitments of Traders, exchange funding rates.

• 3-Month SOFR: leveraged funds' net short grew by 162,945 contracts, to 2,535,985 (COT of October 27, 2026). Data
• 30-Day Federal Funds: leveraged funds' net long grew by 137,412 contracts, to 513,581 (COT of October 27, 2026). Data
• 10-Year U.S. Treasury Notes: leveraged funds' net short grew by 120,051 contracts, to 2,227,275 (COT of October 27, 2026). Data
• Most extreme funding rate at the weekend: TRX on Hyperliquid, -0.454% per 8 hours (-497% annualised). Data

The week ahead

Release times from the agencies' schedules; earnings dates are estimated until each company's 8-K confirms the date.

• Tuesday 15:00 UTC: JOLTS Job Openings. Data
• Wednesday 13:30 UTC: International Trade in Goods and Services. Data
• Thursday 13:30 UTC: Initial Jobless Claims. Data
• Friday 13:30 UTC: Nonfarm Payrolls (Employment Situation). Data
• Earnings expected this week (estimated): IRBT (Thursday), WBD (Thursday), CTVA (Tuesday), IREN (Thursday), CIFR (Monday), SNBR (Wednesday). Data