Briefs · Morning brief
US spot bitcoin ETFs had a net $635.6 million of outflows on Oct. 22 per Farside Investors, 21Shares told the SEC it is ending ARK's role at ARKB, and bitcoin was at $81,691.22 at 6:18 a.m. ET, down 0.34% over 24 hours, per CoinMarketCap.
US spot bitcoin exchange-traded funds had a net $635.6 million of outflows on Oct. 22, according to Farside Investors, after taking in $524.8 million the day before. These funds are the main regulated route for advisers and brokerage accounts to hold bitcoin, so their flows show how that money is moving. [1]
Bitcoin and ether are slightly lower than a day ago. Overnight, the OCC's stablecoin rule reached the Federal Register and J.P. Morgan's asset manager put two tokenized money funds on Solana. [2][8][10]
Bitcoin was at $81,699, ether at $2,399.75 and Solana at $104.32 at 6:18 a.m. ET, down 0.34%, 0.31% and 0.13% over 24 hours. [11]
In CoinMarketCap's data, bitcoin was at $81,691.22 and ether at $2,399.34 at 6:18 a.m. ET, down 0.34% and 0.33% over 24 hours. Total crypto market value was $2.74 trillion at 6:17 a.m. ET, down 0.26%. [2]
Bitcoin's share of total crypto market value was 60.02% at 6:15 a.m. ET, down from 60.20% in CoinMarketCap's Oct. 22 daily reading, and CoinMarketCap's Fear and Greed Index read 48 (Neutral) at 6:08 a.m. ET, the same as Oct. 22 and down from 54 on Oct. 21. [2]
Prices and market data: CoinMarketCap, https://coinmarketcap.com, accessed Oct. 23, 2026, 6:17 a.m. ET.
| Coin | Price, 6:18 a.m. ET | 24h change |
|---|---|---|
| BTC | $81,691.22 | -0.34% |
| ETH | $2,399.34 | -0.33% |
| BNB | $747.18 | +1.77% |
| XRP | $1.3210 | -0.70% |
| SOL | $104.28 | -0.12% |
| TRX | $0.3294 | -0.26% |
| ZEC | $1,217.36 | -2.68% |
| HYPE | $78.09 | -0.41% |
BNB was the only top-10 gainer over 24 hours, and ZEC had the largest decline. [2]
Prices and market data: CoinMarketCap, https://coinmarketcap.com
Prior-session net flows into US spot funds, Oct. 22, US$ millions. [1]
| Funds | Net flow | Largest moves |
|---|---|---|
| Bitcoin ETFs | -635.6 | IBIT -254.1, FBTC -217.5, ARKB -109.4 |
| Ether ETFs | -110.6 | ETHA -75.5, ETHB -17.2, ETH mini -10.7 |
Source: Farside Investors (https://farside.co.uk)
No bitcoin fund reported a net inflow above $2.3 million on the day. Farside puts cumulative net inflows into US spot bitcoin ETFs since their January 2024 launch at $57,388 million. [1]
01 · The OCC's stablecoin rule is now in the Federal Register. The Office of the Comptroller of the Currency's final rule implementing the GENIUS Act, the 2025 federal stablecoin law, was published today at 91 FR 67000 and takes effect Jan. 18, 2027; it is not in force yet. The OCC says the rule sets requirements for payment stablecoin issuers under its jurisdiction, including reserve backing, redemption and risk management. Rules on anti-money-laundering and sanctions will come in a separate rulemaking with Treasury. [8][9]
02 · J.P. Morgan's asset manager brings two tokenized money funds to Solana. J.P. Morgan Asset Management said its tokenized funds MONY and JLTXX "are now available on the Solana blockchain to qualified U.S. investors." The firm says JLTXX is a registered government money market fund "designed to invest in a manner to support stablecoin issuers under the GENIUS Act." Access is limited to qualified investors, and the release gives no fees or fund sizes for the Solana tokens. [10]
03 · 21Shares is ending ARK's role at the ARK 21Shares Bitcoin ETF. In an 8-K filed Oct. 22, sponsor 21Shares US said it gave ARK Investment Management notice on Oct. 16 that it is terminating their marketing and sub-advisory agreement, effective Dec. 22. It intends to rename the fund "21Shares Bitcoin ETF" and change its Cboe ticker from ARKB to TBIT on Dec. 15. Both changes are planned, not yet made. [3]
04 · Dubai's regulator lists a Bybit exchange licence. The public register of Dubai's Virtual Assets Regulatory Authority (VARA) shows Bybit Fintech FZE holding a VASP licence, the permit a virtual-asset service provider needs to operate in Dubai, for Exchange Services, issued Oct. 20, 2026, reference VL/26/10/003, status Active. The register lists retail, qualified and institutional investors as permitted clients. [12]
05 · Ethereum's Glamsterdam testnet upgrade is postponed with no new date. Core developers postponed the upgrade on the Hoodi test network, which had been set for Oct. 26. The Ethereum Foundation said the delay allows "further investigation of interactions of EIP-8037 with mainnet smart contracts." EIP-8037 is a proposal that raises the gas cost of creating new on-chain state. The Foundation said "a new activation date has not been set" and the post does not set a mainnet date. [13]
Also printed: Antalpha (ANTA) agreed to buy 952,381 new shares of Aurelion (AURE), a company that holds tokenized gold, meaning tokens backed by physical gold, for about $2 million at $2.10 each; the deal has not closed and has a Dec. 21 long-stop date. [4][5]Franklin Templeton filed a Form 8-A, the exchange-registration step, for two bitcoin-linked DRIP index ETFs on Nasdaq; the filing does not say they trade yet. [6] Arf said it will provide short-term RLUSD settlement loans, usually repaid in one to five days, to licensed payment firms on the XRP Ledger in a partnership with Ripple; a later phase needs XRPL amendments that are not yet active. [14]
| When (ET) | What |
|---|---|
| Oct 27, 11:59 p.m. | Strategy special-meeting voting closes [7] |
| Oct 28 | Strategy special meeting [7] |
| Dec 15 | ARKB name and ticker change planned [3] |
| Dec 21 | Antalpha-Aurelion subscription long-stop date [4] |
| Dec 22 | ARK's agreement with 21Shares ends [3] |
| Jan 18, 2027 | GENIUS Act and OCC rule take effect [8] |
Holding the Corner.
Not financial advice.