Group 1 - Ethereum has seen significant inflows, with $380 million in exchange-traded fund inflows on Monday and Tuesday, surpassing Bitcoin's $352 million, indicating institutional accumulation amid optimism [1] - The Ethereum Foundation is enhancing its focus on privacy by forming a new 47-member "Privacy Cluster" team dedicated to integrating privacy into the blockchain's core infrastructure [2] - Ethereum co-founder Vitalik Buterin supports the adoption of privacy technology, emphasizing that privacy should be the default for blockchain users, which is gaining investor attention [3] Group 2 - Railgun, a protocol designed to conceal wallet balances and transactions, has processed $1.6 billion in shielded transfers this year, reflecting a growing demand for privacy tools [4] - The macroeconomic environment is favorable, with the Federal Reserve indicating a potential rate-cutting cycle, which supports the overall outlook for the crypto market [6] - Following a significant liquidation event on October 10, where nearly $20 billion in positions were liquidated, ETF flows have remained resilient, showcasing strong demand from traditional finance investors [7]