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LIVE: Crypto ETF investors withdraw $1.25 billion in a week, but XRP refuses to join the exodus
XRP ETFs bucked the selling trend, attracting $11. 31 million in fresh investments last week. Bitcoin, Ethereum, and Solana ETFs lost $681. 1 million, $542. 07 million, and $24. 81 million, respectively. Bitcoin rebounded above $84,000 on Monday, reaching $84,150 as the broader crypto market recovered. Wall Street futures opened the week mixed, with investors awaiting fresh earnings reports. . .
BTC
BTC+0.63%
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XRP Ledger Foundation Details Fix for Infinite-Supply Bug, Bounty Size Questioned
The XRP Ledger Foundation has issued a detailed clarification on a critical security fix for a vulnerability that could have allowed new XRP to be created outside the ledger's fixed-supply rules. The bug was patched in version 3.4.1, released roughly two weeks ago. No additional XRP was actually created, and the total supply remains fixed at the original 100 billion. Onchain investigator ZachXBT publicly questioned whether the bounty paid to the researchers who reported the flaw was too low.
XRP
XRP+1.07%
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SpaceX Bets a 1% Share of the Phone War Is Enough to Win
SpaceX agreed to buy a nationwide set of wireless spectrum licenses from Grain Management for about $8 billion in cash, picking up as much as 79 MHz of airwaves. The deal gives the company the ability to sell mobile service directly to consumers, aimed at the $222 billion in combined annual wireless revenue booked by the three largest U.S. carriers. Starlink already runs at $1.66 billion in operating profit, roughly covering the company's losses in rockets and AI. That cash flow underpins the expansion.
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SUI Rises 2% After Sui Foundation's $30M DATA Network Investment
The Sui Foundation has announced a $30 million investment in DATA Network. DATA will retire its independent chain and migrate its existing token to a Sui-native protocol at a 1:1 ratio. SUI rose 2.2% to $1.12 over 24 hours on the AI-data catalyst, though the token remains capped by resistance at $1.18–$1.26. Analysts are watching whether it can clear that band, and a loss of the $1.11 support could send it back to retest $1.00–$1.04.
SUI
SUI+2.84%
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Bitcoin Holds Above $83,000 as ETF Flows Splinter Risk-On Rally
Bitcoin is trading above $83,000 and the Fear and Greed Index has climbed to 68, leaving market sentiment in 'Greed' for a month. The rally is fragile inside: US spot Bitcoin ETF net inflows picked up sharply from mid-September, lifting the price from below $80,000 to about $87,000. On October 8 the funds posted $484.9 million in single-day net outflows, the largest since June, quickly reversing the flow. Ethereum ETF and Bitcoin ETF flows have diverged markedly, a sign that the recovery in risk appetite is uneven.
BTC
BTC+0.63%
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Chainlink nears $13.50 resistance as LINK ETF daily inflows hit yearly high
Chainlink traded near $13.34 on Monday, extending its rebound from Thursday's $12.09 low. Buyers are pushing toward resistance at $13.50, with a breakout opening the way to $13.93; initial support sits at $13.32 and $12.95. LINK-focused ETFs drew $9.48 million in net inflows on Friday, the largest single day this year, according to SoSoValue. Rising balances among large holding addresses have added support to the rebound.
LINK
LINK+4.07%
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