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Libraries are generally very good about keeping your borrowing private, I would trust a library much more than I'd trust a retailer.
But all that goes out the window with eBooks. It is not just the library you are dealing with. You will be dealing with either Amazon or Adobe too, since these third parties are the ones who add DRM to the library eBooks you borrow via Overdrive. Don't think that Amazon and Adobe are just giving away their service of adding DRM to the libraries for free, out of the goodness in their hearts. They are getting something for it. I doubt that is payment from the libraries (but I don't know that for a fact), but I'm willing to guess that what they get in return is information. As much as they can manage to get ... about the borrower. You! This is valuable for them, since they can consolidate and repackage it, then SELL it.
You will never be able to have a zero footprint if you buy/borrow eBooks, but that doesn't mean you shouldn't try to limit the footprint that you do leave.
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