Out There stories relating to "Police Video"

The individual posting this video speculates that it could be a strangely shaped balloon, but the classic hat shape with the tight brim around the bottom edge would make it a strange balloon indeed. Interesting that the comments (in Dutch) are so civilized compared to the ones that appear on American UFO videos.

This is almost certainly a fake. At the same time, if it actually happened, the video would have immediately been seized for national security reasons, so the only way it would ever surface publicly is somewhere like YouTube. Still, highly likely a hoax video. The phrase "CNN Breaking News" is the key. The video never appeared on CNN. Also, note the link to a sales point on Ebay for alien themed items.