Morning Minute: Hedge Funds Left the BTC ETF Trade and Sovereign Wealth Stepped In
Now the BTC ETFs have flipped green for the month after $400M+ inflows this week, setting the stage for a big November.
Now the BTC ETFs have flipped green for the month after $400M+ inflows this week, setting the stage for a big November.
Two Russian nationals converted more than $5 million in crypto for North Korean networks, according to OFAC, which listed their wallets.
The state says an undercover agent placed a dozen sports wagers on Kalshi, a day after the CFTC sued Utah to block its enforcement actions.
Datavault AI says it has been unable to withdraw its Bitcoin from Biconomy since June and will restate four financial reports tied to a $150 million Scilex deal.
SK Hynix’s quarterly revenue topped 100 trillion won for the first time, and the chipmaker says memory demand will outrun supply through 2030, with DRAM and HBM sold out through 2029.
The cloud and AI security firm Upwind says revenue quadrupled in 2026 as it targets risks from autonomous AI agents.
A survey conducted by Ipsos for the DeFi Education Fund found that 22% of Americans have ever owned or used crypto, up from 18%, while past-year use held flat at 13%.
OpenAI, one of Nvidia’s biggest customers, reportedly plans to buy Google’s TPU chips. Neither company has confirmed the report, and the price and size of the order were not disclosed.
The Federal Reserve left rates unchanged Wednesday in a 10-2 vote, with Governor Lisa Cook and Cleveland Fed President Beth Hammack favoring a hike.
Professional analysts went along with their AI agent’s hidden opinion 86% of the time, and few credited it.
STRC will begin paying dividends for every calendar day from November, with STRF, STRK and STRD following in January.
Former Aptos advisor “Buzz” has left the crypto project and is turning his attention to Facebook’s parent company Meta—here’s why.
Galaxy Research found that nine hedge funds and banks cut 68,000 BTC worth of spot ETF exposure as the cash-and-carry trade dried up, while wealth platforms and sovereign funds added.
The Federal Reserve decides today at 2 p.m. ET and traders see a hold as near certain. Here’s what it means for Bitcoin and stock markets.
Seven more companies, including JPMorgan Chase, Coca-Cola and Dell, have objected to trading of their shares on the planned OKX-ICE tokenized stock venue, bringing the total to 33.
James Comer warned the proposed “AIC” could shield AI firms from liability, and asked Delaware’s governor for documents by November 9.
Birch Hill, founded by Goldman Sachs and BlackRock alumni, raised $4 million in a seed round led by Multicoin Capital to build a regulated path for bringing U.S. loans onchain.
The ratings agency cited RLUSD’s Treasury-heavy reserves, but noted that holders have no direct ownership interest in them for now.
Vlad Tenev delivered the messaging that Robinhood Chain enthusiasts wanted to hear—and the market responded.
South Korea’s second-largest crypto exchange is checking whether customer data was exposed, as two other financial firms report breaches.
The incident at analytics firm Amplitude hit a “small subset” of Coinbase customers, the exchange said, without saying how many.
Stocks on China’s mainland have shed about $2.4 trillion since May as investors doubt AI companies can turn a profit, while U.S. restrictions and high U.S. interest rates add pressure.
Robinhood posted record revenue of $1.42 billion but earned $0.51 per share, short of the $0.55 expected, as bets on sports and elections grew to $173 million and crypto edged up.
Ripple’s RLUSD stablecoin is live on Robinhood Chain and Bitstamp, and heads to the Robinhood app later this year as the companies deepen ties in treasury and institutional trading.
An expanded deal with Bitso puts Anchorage Digital Bank’s custody beneath both sides of the US-Mexico remittance route.
Akamai launched a locked box for AI agents on Tuesday. It joins Palo Alto, Cisco, CrowdStrike, Okta and Zscaler in selling protection for software that now acts on its own.
Intel, Oracle, IBM, and IonQ became the latest companies to object to trading of their shares on the planned OKX-ICE tokenized stock venue, bringing the total to 26.
Attackers obtained the factory key that proves Keystone’s hardware wallets are genuine, and 25,964 buyer records were affected. The company says recovery phrases and private keys were not involved.
A collaboration with payments-tech firm ACI Worldwide will pilot folding USDC settlement into Colombia’s instant-payments network.
Chuck Todd called markets a “fact checker” for journalism, as Kalshi, Polymarket and Robinhood pitched contracts well beyond elections.