Daily wrap · Wednesday, October 21, 2026

BlackRock files with SEC for a buffered Bitcoin ETF with capped upside

Swiss regulator FINMA approved Switzerland's first retail Bitcoin ETF, while Bitcoin rose 1.2% to $82,761 over the last 24 hours.

By Coinucation Research, reviewed by Coinucation Editorial · Published Oct 21, 2026, 07:01 UTC · Covers the last 24 hours to 07:00 UTC

The 30-second version

BlackRock filed with the SEC for a Bitcoin ETF with a downside buffer and capped upside that would hold no bitcoin or spot ETF shares.
FINMA approved Switzerland's first retail Bitcoin ETF after ruling that trading volume was sufficient.
Bitcoin rose 1.2% to $82,761 and Ether gained 1.8% to $2,442, with total crypto market value at $2.78T.
US spot Bitcoin ETFs took in $526.6 million on October 19, while Ethereum and Solana funds recorded outflows.
JPMorgan projected Bitcoin will return 10% a year over 10 to 15 years, ahead of US stocks and gold, but said it does not recommend it.
Stablecoin supply fell by about $294.6 million, and leverage held steady with open interest up 0.3% and $44.1 million liquidated on OKX.

Market snapshot

change vs the previous wrap

Bitcoin$82,761+1.2%24 hours, hourly

Ether$2,442+1.8%Total market cap$2.78T+1.2%BTC dominance59.5%-0.1 pts Fear & Greed63 greed+8 pts ETH gas (avg)0.28 gwei+86.5%

Your watchlist

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What moved

top 100 by market cap · 24 hours

Gainers

Losers

A reason appears only where our data or a primary source supports one; otherwise it is just the move.

The big stories

ranked by how many outlets covered them · 310 headlines read

1$32 million in stolen ETH moves as staking reaches a record

About $32 million in stolen Ether was moved on the market. Ether rose 3% within one hour. Total ETH staked reached a record 43.8 million as staking yields declined.

ETH Reporting: U.Today · CryptoPotato · Crypto Briefing.

2Bitcoin whales add 88,987 BTC as ETFs draw $526.6 million

Large Bitcoin holders added 88,987 BTC, and spot Bitcoin ETFs drew $526.6 million. Outlets also reported that traders were buying downside protection.

BTC Primary: Coinucation ETF tracker. Reporting: AMBCrypto · Coinpedia · Crypto Briefing.

3Strive issues preferred stock with a 15% dividend

Bitcoin treasury company Strive launched a new preferred stock that pays a 15% dividend. Fidelity named preferred stocks as a source of demand for Bitcoin. Separately, XRP treasury stock XRPN became available on Uphold.

BTC XRP Primary: Coinucation ETF tracker. Reporting: Bitcoin Magazine · Crypto Briefing · U.Today.

4JPMorgan projects 10% annual Bitcoin returns over 10 to 15 years

JPMorgan projected that Bitcoin will return 10% a year and outperform US stocks and gold over the next 10 to 15 years. Several outlets said the forecast comes with a caveat.

BTC Reporting: Coinpedia · CryptoPotato · Crypto Briefing · AMBCrypto.

5Bitcoin ETFs take $526.6 million as Ether and Solana funds see outflows

US spot Bitcoin ETFs drew $526.6 million in net inflows on October 19, while Ethereum and Solana funds recorded outflows. One outlet put the gap between Bitcoin and Ethereum fund flows at $630 million and said BlackRock led the inflows.

BTC ETH SOL Primary: Coinucation ETF tracker. Reporting: Crypto Briefing · CryptoSlate.

6Solana's Alpenglow upgrade targets 150-millisecond finality

Solana's Alpenglow upgrade aims to cut transaction finality to 150 milliseconds. At the time of reporting, it was due to activate in about 19 hours.

SOL Reporting: Bitcoinist · Crypto Briefing.

7Shiba Inu falls below a key support level

Shiba Inu fell below what outlets called its most important support level. Its token burn rate rose nearly 500% in one day, which one outlet said came with a caveat.

XRP SOL TRX SHIB Reporting: U.Today · CryptoPotato.

8XRP whale outflows from Binance fall to a five-year low

Large-holder XRP outflows from Binance dropped to their lowest level in five years.

XRP Reporting: Crypto Briefing · AMBCrypto.

9JPMorgan sets out three Bitcoin price scenarios for 2036

JPMorgan published three price scenarios for Bitcoin covering the next ten years, through 2036.

BTC Reporting: U.Today · BeInCrypto.

10Deutsche Bank and JPMorgan build institutional services on Ethereum

Deutsche Bank and JPMorgan are developing institutional services on Ethereum. JPMorgan said Bitcoin could outperform most assets but that it still does not recommend it.

BTC ETH Reporting: Crypto Briefing · Bitcoin Magazine.

Flows

Spot BTC ETFs

n/a

pending · 0-day +$0.00

Spot ETH ETFs

n/a

pending · 0-day +$0.00

Stablecoin supply

$303.44B

-$294.63M on the day · 7d -$2.66B

Leverage

OKX perpetual swaps

Market	Liquidated	Longs / shorts	Funding (8h)	Open interest
BTC	$13.31M	$2.41M / $10.90M	0.0051%	$2.46B +0.0%
ETH	$25.57M	$5.01M / $20.55M	0.0073%	$1.46B +1.1%
SOL	$3.69M	$1.26M / $2.43M	0.0048%	$304.99M -3.2%
XRP	$624.2K	$365.2K / $259.0K	0.0098%	$87.65M -1.1%
DOGE	$836.7K	$207.6K / $629.1K	0.0100%	$102.41M +5.7%
BNB	$52.1K	$118.06 / $52.0K	0.0100%	$57.26M +6.2%

Leverage is steady: open interest moved +0.3% and liquidations were modest. Total liquidated $44.08M on OKX perpetual swaps; one venue, so the market-wide total is larger. Liquidation calculator.

Treasuries

No new company purchases in SEC filings in this window.

Network

ETH gas now

0.04 gwei

avg 0.28 over the window

next adjustment +5.2% in 1,299 blocks

The next Bitcoin difficulty adjustment is tracking +5.2%. Ethereum gas is well below its 24-hour average.

Regulation and policy

BlackRock seeks SEC approval for a buffered Bitcoin ETF

BlackRock filed with the SEC for a Bitcoin ETF that offers a downside buffer in exchange for capped upside. Unlike IBIT, the proposed fund would hold neither bitcoin nor spot ETF shares. Separately, IBIT recorded $29.86 million in new inflows.

BTC Reporting: AMBCrypto · CryptoSlate · CryptoPotato · Bitcoin Magazine.

Switzerland approves its first retail Bitcoin ETF

Swiss financial regulator FINMA cleared the country's first Bitcoin ETF for retail investors after concluding that trading volume was sufficient. Separately, one outlet noted that large Bitcoin ETF inflows did not stop BTC from declining further.

BTC Reporting: CryptoPotato · Crypto Briefing · Bitcoin Magazine · CryptoSlate.

Tether CEO disputes Senate report on Iran-linked USDT

Tether's CEO rejected claims in a Senate report about Iran-linked USDT activity. He said Tether froze the relevant addresses weeks before sanctions were imposed and that Iran-linked volumes fell 94%.

USDT Reporting: The Daily Hodl · AMBCrypto · CryptoPotato.

Ripple and Blockworks file comments on SEC crypto rule proposal

Ripple backed the SEC's proposed Regulation Crypto Assets and called for an end to case-by-case enforcement. Blockworks also submitted a comment letter on the proposal.

Reporting: Crypto Briefing · U.Today · CryptoPotato.

Bitcoin Suisse launches services in Portugal under MiCA

Bitcoin Suisse began offering trading, custody and staking in Portugal under the EU's MiCA framework.

BTC Reporting: Crypto Briefing.

Today ahead

next 48 hours

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Learn: term of the day

ETF

An exchange-traded fund is a regulated investment fund that trades on a stock exchange and lets investors buy exposure to an asset through a brokerage.

It comes up in today's story: Bitcoin ETF comeback exposes a $630 million divide with Ethereum as BlackRock dominates. Full definition · Explainer