Bitcoin ETFs lost $244 million on Thursday, while Ether funds extended their outflow streak to eight sessions, shedding $641 million. US spot Bitcoin and Ether exchange-traded funds (ETFs) have recorded nearly $1 billion in combined net outflows so far in October. According to Farside Investors, Bitcoin ETFs recorded $244.1 million in net outflows on Thursday, following $484.9 million in withdrawals on Wednesday, the largest daily outflow since June 25. Ether ETFs posted $72.5 million in net outflows on Thursday, extending their losing streak to eight consecutive trading sessions. The funds have shed about $641.3 million in net outflows over the streak, which began Sept. 29.
The rules are set to take effect next week, allowing crypto ETFs to trade exclusively on the Stock Exchange of Thailand. Thailand’s Securities and Exchange Commission on Thursday finalized rules allowing crypto exchange-traded funds (ETFs) to list on Thailand’s main stock exchange, limited initially to Bitcoin and Ether. The regulator said the rules will take effect on Oct. 16, 2026. Crypto ETFs must be listed for trading exclusively on the Stock Exchange of Thailand. Products linked to foreign crypto ETFs, such as depositary receipts, will not be permitted initially, while Thai brokers will remain barred from facilitating investments in overseas crypto ETFs for retail investors outside institutions and ultra-high-net-worth individuals. “We have previously seen examples in the United State…
Bitcoin dipped below $81,000 and oil prices gained after reports that military confrontation between the US and Iran could return. Bitcoin (BTC) risked losing key support at $82,500 after Thursday’s Wall Street open as oil prices gained over concerns of US-Iran military action.
Blockchain analysts identified the US government wallet tied to the recovery of funds from the Bitfinex hack. The US government completed another major transaction involving seized cryptocurrency hours after moving a significant amount of Bitcoin to a Coinbase Prime wallet. Blockchain data from Wednesday showed that a wallet associated with crypto seized by the US government had transferred more than 12,267 Bitcoin (BTC), worth more than $1 billion at the time of publication. The move came just hours after similar transfers from the government totaling $770 million in BTC to a Coinbase Prime wallet. Arkham Research linked the wallet moving the Bitcoin to the recovery of funds from the 2016 Bitfinex hack, in which hackers stole 119,756 BTC. The identity of the owner of the recipient address…
Hashi has more than $500M in commitments ahead of mainnet launch, while Anchorage offers institutions settlement and self-custody. Mysten Labs’ Hashi Bitcoin finance network will begin a phased rollout in October with more than $500 million in capital commitments from its launch partners. Hashi uses Bitcoin (BTC) as collateral in Sui applications by minting hBTC on Sui against deposited Bitcoin, the Sui Foundation announced Thursday. Applications could include lending, borrowing, credit, vaults and structured products. When users exit, hBTC is burned and the underlying BTC is returned to the Bitcoin network.
The US government moved 9,261 Bitcoin to Coinbase Prime, including 2,456 BTC in newly discovered funds pointing to federal law enforcement seizures. The US government moved 9,261 Bitcoin worth $770 million to Coinbase Prime, stemming from asset seizures tied to previous cryptocurrency exploits. Of the 9,261 Bitcoin (BTC) transferred over the past two days, half was recovered from the Bitfinex hackers, while another portion stemmed from known Binance seizures, wrote Galaxy Research in a Thursday X post. An additional 2,456 BTC originated from previously unknown holdings and was sent to the US government’s seizure address on Coinbase Prime and may represent new law enforcement seizures, according to Galaxy.
Bitcoin’s realized cap rise in the 30 days to Oct. 5 came mostly from existing holders, not fresh capital, Glassnode data showed. Bitcoin (BTC) price gains do not yet reflect enough new capital entering the market, analysis warns. Key points:
Bitcoin fell below $83,000 to reach month-to-date lows as stocks reversed after all-time highs and bond yields spiked higher. Bitcoin (BTC) fell further at Wednesday’s Wall Street open as oil prices gained on US-Iran war headlines and stocks came off all-time highs. Key points:
BingX strategy chief Kevin Lee says wealthy investors are taking a longer-term approach to Bitcoin, though family-office crypto exposure remains limited. BingX chief strategy officer Kevin Lee says wealthy “old money” investors are taking a longer-term approach to Bitcoin (BTC) than many crypto-native traders. In a Token2049 fireside chat with Cointelegraph head of multimedia Ciaran Lyons, Lee said he deals with “a lot of old money” seeking alternative investments. “They have stronger diamond hands than any of us,” Lee said.
Bitcoin fell 2.3% in two hours amid suspicion over the appearance of leveraged BTC short positions on Hyperliquid. Bitcoin (BTC) dipped below $84,000 on Wednesday as flash downside liquidated over $500 million in crypto long positions. Key points:
Prosecutors say a recent Bitcoin Fog appeals court ruling supports their argument that Tornado Cash activity in Manhattan was enough to establish venue for parts of Roman Storm’s case in New York. Federal prosecutors cited a recent appeals court ruling involving cryptocurrency mixer Bitcoin Fog as supplemental authority for their opposition to Tornado Cash developer Roman Storm’s acquittal. In a Monday filing, prosecutors cited a Sept. 25 appeals court ruling that affirmed the convictions and sentence of Bitcoin Fog operator Roman Sterlingov. The D.C. Circuit held that venue in Washington, D.C., was proper for all four counts. For the money-laundering counts, it relied on evidence that an undercover agent conducted Bitcoin Fog transactions from his D.C. office. For the unlicensed money-tra…
Trading on the platform has largely been suspended since June as its operator awaited MiCA authorization, with the company now looking to regulated partners to restart services. Bitcoin Group SE says it is seeking an alternative operating model for its bitcoin.de platform after the German Federal Financial Supervisory Authority (BaFin) refused its subsidiary futurum bank AG’s application for authorization as a crypto-asset service provider under the Markets in Crypto-Assets Regulation (MiCA). In an Oct. 6 announcement, the company said the BaFin decision was a setback, but it had prepared for the possibility of a refusal. It said it is now reviewing the decision and has the opportunity to lodge an objection or submit a new application in the future. The group said it is also working on way…
Bitcoin price action was kept in check by overhead ask liquidity while US stocks broke out to new all-time highs. Bitcoin (BTC) continued to circle $86,000 on Tuesday as US stock markets hit fresh all-time highs. Key points:
Weak US jobs data has narrowed expectations for another Fed hike in October, offering Bitcoin some relief as investors continue to embrace the debasement trade. Bitcoin (BTC) is coming off its best third quarter since 2017, but extending the rally may prove more difficult as Treasury yields above 5% offer investors an increasingly attractive alternative to risk assets, according to Delphi Digital. In its latest weekly newsletter, Delphi highlighted Bitcoin’s 43% gain in the third quarter, followed by a third straight weekly advance last week. However, “the grind higher is happening against real resistance,” Delphi wrote, pointing to the Federal Reserve’s September rate hike and surging Treasury yields, which have reached multi-decade highs. “When a government bond pays over 5% risk-free,…
Bitcoin’s highest weekly close in eight months formed low-timeframe resistance at the start of Monday’s US trading session. Bitcoin (BTC) fluctuated around $86,000 after Monday’s Wall Street open as US bond yields continued to rise. Key points:
Metaplanet revealed a revised capital allocation framework proposing to allocate as much as 15% of total assets to strategic investments to fund its Bitcoin accumulation. Japanese investment and Bitcoin treasury company Metaplanet introduced a net interest income strategy on Monday, seeking to invest capital in income-generating assets and use the net interest to fuel its Bitcoin accumulation and dividend payments. The move is part of the company’s revised capital allocation policy under which 10% to 15% of assets can move into strategic investments, including mergers and acquisitions and interest-generating assets. Bitcoin (BTC) remains the company’s core treasury reserve asset, accounting for 85% to 90% of total assets, Metaplanet revealed in a Monday notice. The decision aims to enhance…
Bitcoin bulls renewed pressure on range highs with the 2026 yearly open forming the next key resistance to break through. Bitcoin (BTC) is eyeing a key level as BTC/USD is on the cusp of turning the 2026 yearly candle green.
Roman Storm and the XRP army aren’t happy former SEC boss Jay Clayton is Trump’s new AI czar, Peter Brandt flips bullish and says Bitcoin may reach as high as $600K by 2029. President Donald Trump has named Jay Clayton, US director of national intelligence, to lead the country’s new Super Intelligence Force, according to a post on Truth Social on Sunday. The announcement followed media reports on Friday of the appointment. Cointelegraph reported Sept. 20 that Trump planned to create an “AI Force” modeled after the Space Force and appoint an artificial intelligence czar. “The Super Intelligence Force is tasked with coordinating the effort of the Federal Government to ensure that America continues to lead the World in Super Intelligence,” Trump wrote in his post.
Efforts will continue to reduce the state’s involvement in Bitcoin-related activities and to strengthen crypto‑asset regulation and governance, the IMF said. The International Monetary Fund approved the immediate disbursement of about $138 million to El Salvador under the country’s $1.4 billion financing program, despite some performance criteria being missed. The IMF’s Executive Board completed the second and third reviews under El Salvador’s 40-month Extended Fund Facility (EFF) arrangement on Thursday, it said in a press release. While certain performance criteria were not met, including on the Bitcoin accumulation front, the IMF granted waivers “based on strong corrective measures and renewed commitments.”
Bitcoin climbed after weaker-than-expected payrolls pushed Treasury yields lower, but order-book resistance kept BTC from reaching new macro highs. Bitcoin (BTC) spiked past $87,000 on Friday as US jobs data missed expectations. Key points: Data from TradingView showed BTC/USD reaching $87,229 on Bitstamp, just shy of new eight-month highs.
