ETF Outflows: Bitcoin and Ethereum ETFs recorded combined net outflows of $150.8 million on Oct. 12. BTC funds lost $65.4 million, while Ethereum products saw $85.4 million leave the sector. IBIT Concentration: BlackRock's IBIT accounted for the full $65.4 million in withdrawals from BTC ETFs.
U.S. spot Bitcoin ETFs returned to daily net outflows, led by a $65.4 million exit from BlackRock's IBIT. Total net assets stood at $106.06 billion.
Stacks, Babylon and Core are among the best Bitcoin staking platforms in 2026 for holders who want to earn rewards while keeping native BTC on Bitcoin Layer 1, although their reward structures and risks differ considerably.
The TIPS bond ETF trends have led Bitcoin trends in the past, and the TIPS ETF has been falling in recent months.
Bitcoin's October return stood at -0.11%, well below the historical October average of 18.49%. The 2026 year-to-date return was -6.6%, with Q4 also negative at -0.11%.
Crypto majors are red, alts are down bad and onchain is facing capitulation.
The index showed a 0.056% discount against Binance on Oct. 7 and a 0.1332% discount against Binance and OKX on Oct. 12, while another comparison showed near parity.
Demand for BTC is diverging, with signs of weakening US activity. While Binance remains a venue for whales, the Coinbase premium points to weakening US interest.
Ali Martinez identified $84,000 as a key level, with a close above it potentially opening a move toward $93,000.
A wallet holding 4,582 BTC ($377.6 million) moved its entire balance on Monday, the same day a second whale sold 837.8 BTC at a loss to buy 27,500 ether. Whale No. 1: What Woke Up? Onchain tracker Lookonchain reported that another Bitcoin OG had woken up, transferring out all of their 4,582 BTC ($377.58M).
Check out what can fuel a pump toward $93,000.
The altcoin season index fell to 56, staying in neutral territory, while Bitcoin dominance rose to 59.9%. Bitcoin traded at $83,428 with a 90-day return of 29.11%.