Bitcoin ETFs shed $635 million in one day as BTC trades near $80,700
Franklin Templeton won Nasdaq approval for two ETFs holding 95% stocks and 5% bitcoin, built to turn stock dividends into bitcoin.
By Coinucation Research, reviewed by Coinucation Editorial · Published Oct 24, 2026, 07:00 UTC · Covers the last 24 hours to
The 30-second version
- Bitcoin ETFs recorded about $635 million in outflows in a single day, as BTC tested their holders' estimated $81,500 cost basis.
- Bitcoin fell 1.3% to $80,705 and Ether fell 1.2% to $2,376, with total crypto market cap at $2.75 trillion.
- Franklin Templeton cleared its final hurdle with a Nasdaq approval for two ETFs that hold 95% stocks and 5% bitcoin.
- HSBC launched its RedCoin stablecoin for 3.3 million PayMe users in Hong Kong, while Futu opened BNB transfers to professional investors there.
- The central banks of Malaysia and Thailand joined Singapore's BLOOM cross-border stablecoin initiative, which now counts 24 firms.
- Stablecoin supply fell by about $433 million, and the Fear and Greed index sat at 51, Neutral.
Market snapshot
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What moved
top 100 by market cap · 24 hoursGainers
- Stable STABLE$0.0263 +2.9%
- Bitway BTW$1.73 +1.8%
Losers
- Quack AI Q$0.0876 -26.1%
- Worldcoin WLD$0.4756 -14.2%
- Lighter LIT$3.12 -9.0%
- Polkadot DOT$1.08 -8.8%
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 · 182 headlines read1Franklin Templeton gets Nasdaq approval for stock and bitcoin ETFs
Franklin Templeton, which manages $1.8 trillion, received Nasdaq approval for two ETFs. Each holds 95% stocks and 5% bitcoin and is designed to turn stock dividends into bitcoin.
BTC Primary: Coinucation ETF tracker. Reporting: Bitcoin Magazine · U.Today · Crypto Briefing.
2HSBC launches RedCoin stablecoin as Futu adds BNB in Hong Kong
HSBC launched a stablecoin called RedCoin for the 3.3 million users of its PayMe app in Hong Kong. Separately, Futu opened BNB deposits and withdrawals to professional investors in Hong Kong.
BNB Reporting: Coinpedia · Crypto Briefing · U.Today.
3Bitcoin holds above $80,000 as gold and silver lose $1.3 trillion
Gold and silver lost $1.3 trillion in value over four days while bitcoin stayed above $80,000. Bitcoin ETFs saw more than $635 million in outflows in one day after an oil price spike.
BTC Primary: Coinucation ETF tracker. Reporting: Crypto Briefing · Bitcoin Magazine.
4Bitcoin ETF outflows reach $635 million as BTC nears holders' cost basis
Bitcoin ETFs lost $635 million in one day. The outflows came as BTC traded near the estimated $81,500 average cost basis of ETF holdings.
BTC Primary: Coinucation ETF tracker. Reporting: CryptoSlate · AMBCrypto.
5Malaysia and Thailand join Singapore's BLOOM stablecoin initiative
The central banks of Malaysia and Thailand joined BLOOM, Singapore's initiative for cross-border stablecoin payments. The initiative now includes 24 firms.
Reporting: Crypto Briefing · Coinpedia · CryptoPotato.
6CZ says phishing and data leaks are bigger risks to bitcoin than AI
Binance founder CZ addressed whether AI could hack bitcoin. He said the real danger lies in phishing and data leaks.
BTC Reporting: BeInCrypto.
Flows
Leverage
OKX perpetual swaps| Market | Liquidated | Longs / shorts | Funding (8h) | Open interest |
|---|---|---|---|---|
| BTC | $2.80M | $2.18M / $626.5K | 0.0075% | $2.55B -0.8% |
| ETH | $4.94M | $4.03M / $907.1K | 0.0047% | $1.45B +0.5% |
| SOL | $500.1K | $351.5K / $148.5K | 0.0040% | $305.86M -1.1% |
| XRP | $245.8K | $231.2K / $14.6K | 0.0100% | $86.70M -1.8% |
| DOGE | $198.1K | $135.9K / $62.2K | 0.0043% | $98.02M -2.8% |
| BNB | $1.4K | $0.00 / $1.4K | 0.0100% | $60.16M +7.7% |
Leverage is steady: open interest moved -0.4% and liquidations were modest. Total liquidated $8.69M on OKX perpetual swaps; one venue, so the market-wide total is larger. Liquidation calculator.
Treasuries
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Network
Ethereum gas is well below its 24-hour average.
Regulation and policy
Bitcoin Core changes security policy for AI-found bugs
Bitcoin Core updated its security policy to account for AI-assisted bug hunting. It will end long disclosure embargoes for bugs that AI tools can rediscover.
BTC Reporting: Crypto Briefing · Bitcoin Magazine.
Blockchain Association asks Congress to act on crypto tax rules
The Blockchain Association urged Congress to ease crypto tax rules affecting 67 million holders. The group asked lawmakers to pass the rules before time runs out.
Reporting: AMBCrypto · Crypto Briefing.
South Korea moves to regulate payment stablecoins under forex law
South Korea plans to regulate stablecoins used for payments under its foreign exchange law. The Bank of Korea wants stablecoins written into that law as debates over a crypto bill and crypto taxes come to a head.
Reporting: Crypto Briefing · Bitcoin Magazine.
Today ahead
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Learn: term of the day
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 outflows hit $635M as BTC price tests $81K support. Full definition · Explainer
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