Overview

• U.S. spot Bitcoin ETFs saw about $94 million in net outflows on Oct. 15, led by $82.9 million from Grayscale’s GBTC, signaling renewed institutional caution.
• Bitcoin hovered near $111,000 with trading volumes down sharply and derivatives activity lighter, while options data showed 28% of volume in shallow out-of-the-money puts.
• Macro jitters from U.S.–China trade tensions kept risk appetite muted as analysts noted Bitcoin’s correlation with gold near a multi-year high of 0.9.
• Solana reclaimed roughly $200 on whale buying, with CME’s CFTC-regulated SOL options bolstering liquidity after more than 540,000 contracts traded, though resistance near $235 remains key.
• Bitwise reported that 72 publicly known companies now hold over 1 million BTC and that 176,762 BTC were added in Q3, underscoring persistent institutional accumulation despite recent deleveraging.