Switzerland’s FINMA has authorized a Bitcoin ETF structured as a Swiss-law public investment fund; the approval differs from older exchange-traded crypto products already sold in Europe.
Bitcoin and gold pared early losses as the yen gave up gains and Asian stocks rebounded, though oil near $100 keeps inflation risks in focus.
Glassnode’s October 21 report identifies an overhead Bitcoin supply zone around $85,000–$87,500 after bids returned near $80,000. Its levels describe a market structure, not a guaranteed price path.
US spot Bitcoin ETFs attracted $524.8 million on October 21, according to Farside Investors. BlackRock and Fidelity supplied most of the inflow, extending a three-session run of net buying.
Technology shares led regional losses as mixed U.S. earnings unsettled investors and Brent crude climbed above $112 a barrel.
Past steep rallies ran on about $235 million a day of net inflows into ETFs. The funds are yet to match that pace, according to data analyzed by CoinDesk.
Independent committees are assessing a potential tie-up, while strong SpaceX earnings lift shares ahead of Tesla’s results.
TL;DR: Super League shareholders have approved proposals connected to Metaplanet’s plan to contribute 2,100 BTC and cash to a new US-listed Bitcoin treasury platform. Metaplanet’s proposed American Bitcoin treasury vehicle has moved a step closer to reality, but the transaction has not yet closed. Super League Enterprise said shareholders approved the relevant proposals at their annual meeting on October 16, clearing an important hurdle in the arrangement announced earlier this year. Under the deal, Metaplanet’s US subsidiary would contribute 2,100 Bitcoin and $2.5 million in cash to Super League. After closing, the Nasdaq-listed company is expected to change its name to Superplanet and trade under the ticker SUPA. The arrangement gives the Japanese Bitcoin treasury specialist a potential US capital-markets platform, while Super League would retain its existing advertising and media business as an operating segment. Importantly, the shareholder vote is not the same as completion. Regulatory filings, Nasdaq requirements and other customary closing conditions remain outstanding, with the companies currently targeting the fourth quarter. The proposed structure also raises questions that extend beyond the Bitcoin price. Investors will need to watch how ownership is allocated, how additional capital could be raised and whether the operating business changes the risk profile of a Bitcoin-heavy public company. For now, the news is a procedural milestone in an unusual cross-border deal — not evidence that 2,100 BTC has already arrived on the balance sheet. Written by the News Desk and edited by Samuel Rae.
TL;DR: Strive purchased another 1,223 Bitcoin over two days, taking its reported holdings to 36,818 BTC in a fresh SEC filing. Strive’s Bitcoin buying spree continued through the middle of October. In a filing dated Monday, the company disclosed the purchase of 1,223 BTC between October 14 and October 16, bringing its total reported holdings to 36,818 coins. The latest purchase cost roughly $100 million at an average price of about $81,734 per Bitcoin, according to the company’s figures. It followed an earlier acquisition of 2,822 BTC in the same week, showing how aggressively the corporate treasury strategy has accelerated. The size of the holding puts Strive among the largest publicly traded Bitcoin owners. That creates an unusual relationship between the company’s shares, its balance sheet and the price of Bitcoin: investors are evaluating not only the coins it holds, but also how management finances future purchases. Preferred shares, equity issuance and other capital-market tools are increasingly central to the treasury-company model. They can give firms more ways to acquire Bitcoin, but also raise questions around funding costs, dilution and the risk of buying into volatile markets. Strive’s announcement does not tell us where Bitcoin prices go next. It does, however, give a clear snapshot of one company’s conviction and the increasing scale of its exposure. The key metric for shareholders will be whether that accumulation creates value per share, not just a larger total Bitcoin balance. Written by the News Desk and edited by Samuel Rae.
BlackRock's proposed fund follows similar products from Calamos that helped investors avoid steep losses during bitcoin's selloff.
TL;DR: AnchorWatch has opened its Nevada-chartered Bitcoin custody service, pairing a choice of key-control structures with optional Lloyd’s-backed insurance. Bitcoin custody is no longer just a question of who holds the private keys. For professional trustees, company treasuries and advisers, it also involves governance, recoverability and what happens if assets are lost through theft or coercion. AnchorWatch Trust Company has entered that market as a Nevada-chartered qualified custodian. The company is offering a model in which it controls the keys required for custody while clients can retain additional signing authority, alongside a second arrangement distributing key control among AnchorWatch, BitGo and CoinCorner. The firm says eligible customers can apply for insurance backed by Lloyd’s of London syndicates. Its launch announcement described a possible limit of up to $370 million per client, although coverage depends on underwriting approval and the terms of an individual policy. This is not blanket protection automatically attached to every Bitcoin in custody. Pricing is also part of its pitch. AnchorWatch is positioning fixed-dollar custody charges, with a monthly ceiling of $10,000, against the percentage-based pricing common across institutional asset services. Insurance costs are separate. The structure is aimed at customers who want the controls of regulated custody without concentrating every signing decision in a single institution. Ultimately, the value of any such product depends on the actual key arrangements, policy exclusions, service reliability and how clearly clients understand the risks that remain uninsured. Written by the News Desk and edited by Samuel Rae.
The report marks the first time JPMorgan has put a range on bitcoin returns in its research, though the bank remains cautious about BTC's role in portfolios.
TL;DR: BlackRock’s IBIT recorded roughly $665 million in net inflows on October 19, even as several other US spot Bitcoin ETFs saw investors take money out. A strong day for Bitcoin ETFs wasn’t quite as broad-based as the headline number suggests. BlackRock’s iShares Bitcoin Trust took in approximately $665.16 million on Monday, according to SoSoValue’s fund-flow figures, while the US spot Bitcoin ETF group recorded a combined inflow of about $526.6 million. That difference is the story. Money going into IBIT more than offset withdrawals from competing funds. Fidelity’s FBTC registered roughly $83.6 million in outflows, while Grayscale’s GBTC shed about $54.9 million. Rather than a uniform surge of demand for every Bitcoin product, Monday’s numbers point to a preference for the market’s biggest vehicle. IBIT has become the default choice for many investors seeking exchange-traded Bitcoin exposure, although a single day’s figures cannot establish why individual institutions moved money. The reversal also follows a Friday session in which the group recorded net withdrawals. It underscores how quickly flows can shift around market volatility and broader risk sentiment. Flows are useful evidence of ETF subscriptions and redemptions, but they shouldn’t be read as a direct measure of new cash buying Bitcoin at a particular hour. Fund mechanics and market-making activity complicate that picture. The next question is whether demand spreads to other products or whether IBIT continues to absorb most of the market’s incremental interest. Written by the News Desk and edited by Samuel Rae.
TL;DR: BlackRock has proposed another Bitcoin-linked ETF, this time using options to pursue some protection against losses while giving up part of the potential upside. BlackRock’s latest Bitcoin fund filing takes a different approach from the familiar buy-and-hold exposure offered by its iShares Bitcoin Trust. Instead of simply following the price of Bitcoin, the proposed iShares Bitcoin Managed Protection ETF would use an options strategy linked to IBIT or similar exposure. The ambition is straightforward enough: participate in some of Bitcoin’s gains and seek a measure of protection during a decline. The trade-off is equally important. Gains could be capped, and the protection is neither unconditional nor guaranteed. The structure is designed around overlapping options positions, meaning an investor’s outcome could depend on when the shares are purchased as well as what Bitcoin does next. That makes this a different kind of product, not a safer version of holding spot Bitcoin in every circumstance. Options costs, fund expenses and changing market prices all affect what shareholders receive. The filing arrives as issuers work to move beyond basic spot exposure. Income-oriented and buffered Bitcoin products try to give financial advisers additional ways to fit an unusually volatile asset into conventional portfolios. For investors, the missing details matter as much as the proposed strategy. An SEC filing does not mean the fund has been approved or launched. Its eventual fees, live portfolio and actual protection terms will determine whether the structure delivers a useful alternative to IBIT. Written by the News Desk and edited by Samuel Rae.
Elice’s debut slump added to concerns over AI infrastructure valuations, while rising oil prices compounded market uncertainty.
A bitcoin wallet dormant since 2013 moved 411 BTC, now worth about $34 million. It is one of several long-dormant wallets to wake up recently.
Bitcoin, Nasdaq futures and Asian stocks rally as stronger-than-expected China GDP and falling oil prices lift risk appetite.
TL;DR: Sazmining is offering individual Proto immersion hashboards at $4,187 each, with financing and managed hosting. The arrangement lowers the upfront hardware purchase but does not remove Bitcoin mining‘s ongoing costs or profitability risk. Buying into industrial Bitcoin mining usually means dealing with noisy equipment, electricity contracts and cooling infrastructure. A new offering built around Block’s Proto hardware takes a different approach: purchase a single hashboard and leave the hosting to someone else. Sazmining lists Proto immersion hashboards configured for approximately 204 terahashes per second, with efficiency of roughly 15 joules per terahash. Three boards make up a full Proto Immersion Module, but customers can start with one. The advertised hardware price is $4,187. Its financing option requires $1,397 upfront followed by 18 monthly payments of $155, at a stated 0% interest rate. A separate hosting and maintenance fee of $153 a month applies, covering power at the quoted service rate and operational support. Those recurring charges are central to the economics. A lower entry price does not mean free mining, and the Bitcoin received depends on network difficulty, rewards, uptime, fees and the market price of BTC. A hashboard can be technically efficient and still produce disappointing returns for its owner. For Block, the offer broadens the potential audience for its Proto equipment. For Sazmining, it packages industrial hardware into a managed service that customers can purchase in smaller units. The appeal is convenience and modularity. The question for buyers is whether the projected mining revenue comfortably covers all the costs that continue after the hardware purchase.
Wall Street's fear gauge, the VIX index, spiked on Friday as stocks dropped. History says Friday panics usually fade on Monday. Seasonality and calm bitcoin suggest the same.
Bitwise sees a potential return above $100,000, while LO:TECH expects a narrower trading range as interest-rate uncertainty weighs on the market.
TL;DR: Strategy has conditionally declared daily STRC preferred-stock dividends for November 2026. The new cadence remains subject to shareholder approval and is intended to make the security more attractive to investors. Strategy is proposing another adjustment to the financing instruments supporting its Bitcoin treasury business, this time seeking approval to pay dividends on its STRC preferred stock every day. In an October 16 filing, the company outlined conditional daily dividend record dates for November. The announced rate was equivalent to approximately 12% annually, or $1 per preferred share for the month. The plan depends on amendments that shareholders are due to consider at an October 28 meeting. A Different Way To Attract Capital STRC, also known as Stretch, is a variable-rate preferred security developed as part of Strategy’s effort to finance Bitcoin purchases. Its appeal to investors is linked to recurring income and the company’s attempts to keep the share price close to its $100 reference level. More frequent distributions could reduce the time between earning and receiving a dividend. That does not automatically increase the total amount paid or guarantee daily compounding. Strategy has already used STRC-related financing to expand its Bitcoin holdings. The Costs Still Matter Preferred financing can raise money without immediately issuing more common shares, but it creates dividend obligations that require ongoing management. Those costs become particularly important during prolonged weakness in the Bitcoin market. If shareholders approve the changes and other conditions are met, the new STRC dividend schedule is expected to begin in November. Otherwise, existing arrangements will remain in place. For investors, the vote offers another indication of how sophisticated Strategy’s capital structure has become as its Bitcoin treasury grows. Written by the News Desk and edited by Samuel Rae.
TL;DR: US spot Bitcoin ETFs recorded approximately $82.4 million in net outflows on October 16. BlackRock’s IBIT accounted for $71.8 million of withdrawals, with Fidelity’s FBTC recording about $10.6 million. BlackRock’s flagship spot Bitcoin ETF accounted for most of the selling as US-listed Bitcoin investment funds closed Friday’s session with net withdrawals of approximately $82.4 million. Farside Investors’ figures show that the iShares Bitcoin Trust, known as IBIT, lost $71.8 million on October 16. Fidelity’s Wise Origin Bitcoin Fund recorded around $10.6 million in net outflows, while the remaining products were broadly flat on the day. That concentration matters because IBIT has become one of the clearest measures of Bitcoin demand through traditional brokerage accounts. Another Uneven Week For ETF Demand The latest withdrawals followed substantial redemptions earlier in the week. October 14 saw roughly $261 million leave the category, followed by a modest return to net inflows on October 15. Friday’s negative session therefore suggests demand remains unsettled rather than following a clear trend. Investors have seen considerably larger individual outflow days in the past. Earlier October withdrawals approached $485 million in a single session, demonstrating how rapidly demand through these products can shift. Context Is Important An ETF outflow is not a complete measure of institutional Bitcoin ownership, and it does not necessarily indicate that every underlying holder has abandoned a long-term position. Net inflows into the US spot Bitcoin ETF market since the products launched remained substantial despite the latest withdrawals. The next trading sessions will be important. A quick recovery would suggest another temporary adjustment, while continued redemptions from IBIT and FBTC would place greater emphasis on whether traditional investors are reducing their exposure amid broader market uncertainty. Written by the News Desk and edited by Samuel Rae.
Nine crypto companies launched the Quantum Alliance to jointly prepare for quantum attacks, but they disagree on when the threat will arrive and whether vulnerable BTC should be frozen.
XRP remains below its 2017-cycle high while bitcoin, ether and other major tokens have surged, enriching their holders.
Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday’s inflation report, but have since cooled.
Coinbase says bitcoin should start preparing for quantum computers now, with flexible addresses, a backup quantum-proof key and a separate debate over lost coins.
SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%).
The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.
A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain.
Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s US CPI report.