News about bitcoin

According to SoSoValue data, US spot Bitcoin and Ether ETFs recorded net outflows of $549 million last week, with Bitcoin ETFs losing $229 million and Ether funds $320 million. It was a second straight weekly outflow for Bitcoin ETFs and a third for Ether funds, though the pace slowed from the previous week's $1.22 billion. Spot Ether ETFs have seen roughly $955 million in net outflows in October so far, more than in any other month this year. Ether fell 5% over seven days to about $2,433 and Bitcoin dipped 1.3% to $82,783, per CoinGecko. Even so, both fund groups remain positive for 2026 year-to-date, with Bitcoin ETFs at about $259 million and Ether ETFs at about $610 million in net inflows.

BlackRock's crypto funds drew a net $7.9 billion of inflows in Q3, reversing $2.2 billion of outflows in the first half of 2026. Its digital asset holdings rose 63% to $79.6 billion by end-September from $48.8 billion at end-June, with $22.9 billion of the $30.8 billion gain coming from price increases. Still, assets remain 23% below the nearly $104 billion a year earlier, as market value losses of $30.6 billion over 12 months outweighed $6.3 billion of net inflows. CoinShares data show institutions held about 264,000 BTC through US spot bitcoin ETFs at end-Q2, up 1.3% from the prior quarter. The article notes that ETF ownership does not always signal long-term bets, as some positions may serve hedging or client asset management.

A Bitcoin wallet dormant since 2013 moved all 411.45 of its BTC, now worth about $34 million, to a new address on Sunday. The owner bought most of the coins when they were worth about $54,000 and held through major market swings as the value rose more than 600-fold. Blockchain data from Arkham Intelligence shows the funds have not gone to an exchange, and the move to a modern SegWit address suggests a security upgrade rather than an imminent sale. Several other long-dormant wallets have also woken up this month, but experts note that most of the coins moved to new private wallets.

Global markets rallied on Monday as stronger-than-expected China data and lower oil prices revived risk appetite. Bitcoin traded near $82,500, Nasdaq futures rose more than 1%, Japan's Nikkei gained 1.8% and South Korea's Kospi 0.6%, rebounding from last week's AI-related tech losses. China's GDP grew 4.5% year on year in the third quarter, faster than 4.3% in the second quarter, and retail sales rose 1.1%, above the 0.5% expected. Oil fell on both sides of the Atlantic, gold was little changed near $4,180, and the Federal Reserve is expected to hold rates in the 4.75% to 5% range this month.

Deutsche Bank plans to extend its crypto custody service to Asia in 2027, with a German launch expected within weeks but still subject to regulatory approval. The initial offering will support bitcoin, ether and stablecoins USDC, EURC and EURAU, with the bank managing clients' wallets and private keys so corporate and institutional clients can hold and transfer crypto. The bank also plans stablecoin conversion, tokenized deposits and digital bond issuance services, as part of a target of roughly 8% compound annual revenue growth in its corporate bank from 2025 to 2028. It received BaFin authorization under MiCA on October 12 and has worked with Bitpanda and Taurus, joining rivals such as Standard Chartered and BBVA in offering crypto custody.

Apple's stock keeps setting records, closing at $343 and up 26.7% for the year, after crossing a $5 trillion market value. Bitcoin has not set a new high in 2026; it trades around $81,977, 35% below its $126,080 peak and down 6.8% year to date. The article notes Apple returns cash through dividends and buybacks (a 4% dividend increase and an additional $100 billion for buybacks), whereas Bitcoin generates no earnings or dividends and its volatility could hurt retirees who may have to sell to cover expenses. It also flags Apple's risks, including a P/E of about 45 times earnings and rising memory costs, but notes Apple has beaten EPS estimates for nine consecutive quarters and iPhone revenue rose 22%. The author concludes Apple is the better choice for retirement funds, and says this view could shift if Apple misses its 9% to 11% revenue guidance while Bitcoin climbs back above $126,080.

The VIX jumped 21.5% to 19.99 on Friday as the S&P 500 fell 1.09% amid worries over AI stocks and geopolitical tensions, its biggest one-day rise since June 5. In 32 earlier Friday spikes of 20% or more since January 1990, the VIX fell the following Monday 25 times and rose only seven times. Bitcoin stayed above $80,000 over the weekend, and its volatility index BVIV was just under 40%, showing no sign of market stress. However, the article notes nothing guarantees a calm Monday: the VIX kept climbing sharply on Monday in seven of those 32 cases, and it remains under 20 today.

Crypto prices are recovering after a year-long slump: as of Oct. 16, Bitcoin was up 28% over three months, while Solana gained 40% but remained 65% below its all-time high from last year, trading around $105. The author argues this decline does not reflect Solana's ecosystem growth, as the chain generated more fees than any other network over the past 30 days, its stablecoin supply hit an all-time high of $16.5 billion, and it ranks third in tokenized asset value. Samsung named Solana as a partner for USDC access through Samsung Wallet, and Securitize launched tokenized versions of 12 U.S. megacap stocks on the chain. The author also notes risks, including dependence on crypto sentiment, a 2025 peak driven by meme coin activity, and uncertain adoption, but considers Solana worth a closer look for investors willing to take on risk.

U.S. spot Bitcoin ETFs recorded net outflows of $228.6 million this week, following $681.1 million the week before, according to SoSoValue. Outflows exceeded inflows on three of five trading days, with Wednesday's $261.4 million redemption the worst session, coinciding with a hotter-than-expected September CPI reading of 3.7%. A hot producer price figure followed, reviving bets on further Federal Reserve rate hikes, and Bitcoin briefly fell below $80,000 as nearly $950 million in leveraged crypto positions were liquidated. Nexo analyst Iliya Kalchev said the drop pushed Bitcoin below the average ETF holder's cost basis near $82,300. The funds are down about $615 million for October, though cumulative net inflows since launch remain $57.3 billion.

On October 16, Bloomberg Intelligence's Mike McGlone said Bitcoin could fall toward $10,000 if US stocks drop 20% amid tighter central bank policy, a target he has repeated throughout 2026. Bitcoin trades near $82,000 as of October 18, about 35% below its all-time high of roughly $126,080 set in early October 2025. CryptoQuant founder Ki Young Ju argued that spot ETFs have absorbed $58 billion and treasury companies hold 1.3 million BTC, and that on-chain cost basis points to a floor near $30,000; a $10,000 price would imply an MVRV ratio of 0.2, below the worst historical bottom of 0.6. Technical analyst Michaël van de Poppe called the chart “not bad at all” and believes the next move is more likely to be upward.

Bitwise's Ryan Rasmussen says bitcoin could end the year above $100,000, citing institutional buying through ETFs and corporate purchases, demand for hard assets, and clearer regulation. LO:TECH's Adam Morgan McCarthy is more cautious, forecasting an $85,000–$95,000 range by year-end as the Fed's September hike and a December hike priced at roughly 75% weigh on the market. Inflation data released October 14 showed consumer prices up 0.6% from the previous month, with gasoline accounting for more than half of the rise. Laser Digital's Luca Invernizzi sees leverage largely flushed out and a possible short squeeze if bitcoin breaks above $90K, while bitcoin traded around $81,500 at publication.