Briefs · Morning brief
Morning brief: Bitcoin slips near $79,400 as ETF flows split
US spot bitcoin ETFs took in a net $110.3 million on Oct. 26 per Farside Investors while ether funds lost $88.6 million; bitcoin was at $79,438.14 at 6:22 a.m. ET, and crypto long liquidations led shorts over the past 24 hours.
US spot bitcoin exchange-traded funds took in a net $110.3 million on Oct. 26, all of it in BlackRock's IBIT, according to Farside Investors, while US spot ether funds lost a net $88.6 million the same day. Bitcoin slipped overnight toward $79,400. Crypto long liquidations ran ahead of shorts over the past 24 hours. [1][2][3]
Le Coin is publishing Markets reads today on BitGo Research's stablecoin payments figures and on a BlackRock–SBI–Startale memorandum of understanding around linking tokenized money-market funds with a yen stablecoin. Israel's election and the start of a Federal Open Market Committee meeting land on today's calendar. [4][5][6]
Stakes / What matters today
- Bitcoin slips near $79,400 at $79,438.14 as of 6:22 a.m. ET, down 1.10% over 24 hours, with total crypto market value at $2.66 trillion. [1]
- Long liquidations led shorts in crypto over the 24 hours to 6:21 a.m. ET: $45.9 million in shorts versus $62.1 million in longs. [3]
- ETF flows split on Oct. 26: bitcoin funds +$110.3 million (all IBIT); ether funds −$88.6 million (ETHA −$104.7 million, FETH +$16.1 million). Oct. 26 is the first Farside print after Oct. 23; markets were closed Oct. 24–25. [2]
- Today's calendar: Israel votes; Franklin's FBEQ and FIBT filings carry a proposed Oct. 27 effective date; the FOMC meets Tuesday–Wednesday, with the policy statement Wednesday. [6][7][8]
Overnight crypto
Bitcoin was at $79,438.14, ether at $2,298.47 and Solana at $99.17 at 6:22 a.m. ET, down 1.10%, 1.23% and 2.13% over 24 hours. Total crypto market value was $2.66 trillion, down 0.92%. Bitcoin dominance was 60.05% at 6:20 a.m. ET; CoinMarketCap Fear and Greed Index read 43 (Neutral) at 6:08 a.m. ET, matching Monday's daily reading. [1]
Prices and market data: CoinMarketCap, https://coinmarketcap.com, accessed Oct. 27, 2026, 6:22 a.m. ET.
| Coin | Price, 6:22 a.m. ET | 24h change |
|---|---|---|
| BTC | $79,438.14 | −1.10% |
| ETH | $2,298.47 | −1.23% |
| BNB | $733.56 | −0.58% |
| XRP | $1.2900 | +0.16% |
| SOL | $99.17 | −2.13% |
| TRX | $0.3271 | −1.12% |
| ZEC | $1,238.82 | +0.64% |
| HYPE | $77.17 | +0.32% |
ETF flows
Prior-session net flows into US spot funds, Oct. 26 (first Farside print after Oct. 23; US markets closed Oct. 24–25), US$ millions. [2]
| Funds | Net flow | Largest moves |
|---|---|---|
| Bitcoin ETFs | +110.3 | IBIT +110.3 |
| Ether ETFs | −88.6 | ETHA −104.7, FETH +16.1 |
Source: Farside Investors (https://farside.co.uk)
Liquidations
Crypto short liquidations totaled $45.9M and long liquidations $62.1M over the past 24 hours to 6:21 a.m. ET. Liquidations are leveraged positions exchanges forcibly close when margin runs out; figures are USD value across exchanges CoinMarketCap tracks, crypto contracts only. Data: CoinMarketCap. [3]
Top five coins by 24-hour liquidations, past 24 hours to 6:21 a.m. ET:
| # | Coin | 24h total | Longs | Shorts |
|---|---|---|---|---|
| 1 | Bitcoin (BTC) (−1.1%) | $29.5M | $18.3M | $11.1M |
| 2 | Ethereum (ETH) (−1.3%) | $21.8M | $12.7M | $9.0M |
| 3 | Quack AI (Q) (+40.2%) | $10.8M | $3.9M | $6.9M |
| 4 | Solana (SOL) (−2.1%) | $5.3M | $4.1M | $1.2M |
| 5 | Zcash (ZEC) (+0.7%) | $4.2M | $1.5M | $2.7M |
Non-crypto perpetual futures liquidations
Non-crypto short liquidations totaled $9.4M and long liquidations $12.8M over the same 24 hours (metals, stocks, ETFs, energy; floor = non-crypto entries in CoinMarketCap's top-250 list). Data: CoinMarketCap. [3]
| # | Contract | 24h total | Longs | Shorts |
|---|---|---|---|---|
| 1 | SanDisk Corporation (SNDK) (+1.7%) | $3.5M | $1.8M | $1.7M |
| 2 | Silver (XAG) (−1.5%) | $2.6M | $2.6M | $0.0M |
| 3 | Direxion Daily Semiconductor ETF (SOXL) (+9.0%) | $2.5M | $1.3M | $1.2M |
| 4 | Meta Platforms Inc (META) (−2.0%) | $1.2M | $1.2M | $0.0M |
| 5 | CoreWeave Inc (CRWV) (+6.5%) | $1.1M | $0.0M | $1.1M |
What printed
01 · Ripple says the OCC granted final approval for Ripple National Trust Bank. Ripple and Business Wire reported Oct. 26 that the OCC announced final approval to charter Ripple National Trust Bank (RNTB). An OCC.gov final news release or decision letter was not located; treat as company-relay until the agency posts. Per Ripple, RNTB may manage segregated RLUSD reserves, act as collateral trustee for RLUSD holders, and provide fiduciary digital-asset custody. RLUSD issuance stays with Standard Custody & Trust Company (SCTC), Ripple's New York DFS limited-purpose trust company. [9]
02 · BlackRock, SBI and Startale signed an exploratory MOU on tokenized MMFs and JPYSC. The memorandum explores linking tokenized MMFs with JPYSC, a yen stablecoin; no fund, chain or launch date was named. [5][10]
03 · BitGo Research said stablecoin supply stayed roughly flat while adjusted payments nearly doubled. Citing Allium: September average supply $273.7 billion versus $262.2 billion a year earlier; September adjusted payments $54.1 billion versus $28.5 billion. [4]
04 · Franklin's FBEQ and FIBT stay on a first-trade watch. Filings carry an Oct. 27 effective date. Effectiveness of a registration is not SEC approval, and neither fund has traded yet. [7]
05 · PrimeRevenue said it will put Electronic Time Drafts on Solana (Oct. 26 company plan; no launch date). Solana said about 1.5 million people hold tokenized equities (company X, Oct. 26; not independently counted). Binance said Futures market data fully recovered by 9:03 p.m. ET Oct. 26 after a mitigated notice at 8:59 p.m. ET. [11][12][13]
On the calendar / Week ahead
Le Coin is publishing Markets pieces today on BitGo's stablecoin payments figures and the BlackRock–SBI–Startale JPYSC MOU. [4][5]
| When (ET) | What |
|---|---|
| Tue Oct. 27 | Israel's election [6] |
| Tue Oct. 27 | Franklin FBEQ and FIBT post-effective amendment proposed to become effective; registration is not an SEC approval, and neither fund is trading yet [7] |
| Tue–Wed Oct. 27–28 | Federal Open Market Committee meeting; policy statement and Chair press conference scheduled Wednesday afternoon ET [8] |
Sources (13)
- CoinMarketCap, https://coinmarketcap.com (quotes/global metrics 6:22 a.m. ET; dominance 6:20 a.m. ET; Fear and Greed 6:08 a.m. ET), accessed Oct. 27, 2026. Pack:
drop/2026-10-27-morning-brief/pack.md. - Farside Investors, https://farside.co.uk , accessed Oct. 27, 2026 ~6:22 a.m. ET. Oct. 26 bitcoin net +$110.3 million (IBIT +110.3; other listed funds 0.0); ether net −$88.6 million (ETHA −104.7, FETH +16.1). Note sha256 f5e55d2ceeaccfd7dde8e9328a08da7446bbe1a2cabfbb85b658810c21a101a3 (
drop/2026-10-27-morning-brief/farside-oct26-note.md). - CoinMarketCap liquidations, past 24 hours to 6:21 a.m. ET Oct. 27, 2026;
data/liquidations/latest-morning.md(sha256 76ded724651622022cd97d5e8e8f547aa02e695bdf42cc0b944683b8b65562fc). - BitGo Research, https://www.bitgo.com/resources/blog/what-happens-in-vegas-settles-in-real-time/ (Allium-cited September supply and adjusted payments);
/markets/2026-10-27-bitgo-stablecoin-payments/. - Startale, https://www.startale.com/en/blog/blackrock-startale-sbi ; SBI Holdings, Oct. 27, 2026, https://www.sbigroup.co.jp/news/2026/1027_16682.html ;
/markets/2026-10-27-blackrock-sbi-startale-jpysc/. - Israel general election, Tuesday, Oct. 27, 2026;
drop/2026-10-27-morning-brief/reg-protocol-items-v1.md. - Franklin Templeton ETF Trust 485BPOS, filed Oct. 22, 2026, https://www.sec.gov/Archives/edgar/data/1655589/000165558926001380/c485bpos.htm (FBEQ/FIBT proposed effective Oct. 27, 2026);
/markets/2026-10-23-franklin-bitcoin-dividend-etfs/. - Federal Reserve FOMC calendars, https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm (meeting Oct. 27–28, 2026; statement and press conference Wednesday).
- Ripple, Oct. 26, 2026, https://ripple.com/ripple-press/ripple-receives-final-occ-approval-to-establish-national-trust-bank/ ; Business Wire, https://www.businesswire.com/news/home/20261026570843/en/Ripple-Receives-Final-OCC-Approval-to-Establish-National-Trust-Bank . OCC.gov final not located at desk access Oct. 27, 2026 ~6:23 a.m. ET (
drop/2026-10-27-ripple-occ-trust-charter/pack.md). - Same Startale and SBI Holdings links as source 5 (MOU exploratory; no fund, chain or launch date named).
- PrimeRevenue, Oct. 26, 2026, https://primerevenue.com/resources/news/primerevenue-brings-trade-finance-assets-to-solana-expanding-access-to-on-chain-capital-markets/ (company plan; no launch date).
- Solana (@solana), X, Oct. 26, 2026 ~2:50 a.m. ET, https://x.com/solana/status/2114610515452551411 (company statement; independent holder count not done).
- Binance X, Oct. 26, 2026: mitigated 8:59 p.m. ET, https://x.com/binance/status/2114884651819081804 ; recovered 9:03 p.m. ET, https://x.com/binance/status/2114885589678133281 .
Holding the Corner.
Not financial advice.