TL;DR: DriveWealth plans to integrate Ripple’s stablecoin, payments and custody technology, initially focusing on European settlement.

Investors can trade US stocks through digital apps at almost any hour, but moving the cash needed to fund those trades still runs into banking cutoffs. A newly announced partnership between DriveWealth and Ripple aims to close that gap using stablecoin infrastructure.

On October 14 the companies set out plans for RLUSD settlement on the XRP Ledger, beginning in Europe with a prospective US expansion. DriveWealth is also integrating Ripple Payments for cross-border funding and exploring Ripple custody and prime-brokerage services. The release describes both integrations and areas still under exploration; it does not mean every customer can already settle in RLUSD.

This is a practical institutional use case. Even with US equity settlement operating at T+1, international transfers can hold up buying power and leave brokers managing cash buffers across markets. Funds that move more quickly could reduce some of that operational drag, though the conversion between stablecoins and bank money still requires reliable counterparties and controls.

DriveWealth supplies brokerage infrastructure to more than 100 partners. If the promised settlement improvements reach production, they could become visible inside familiar investing applications rather than as a standalone crypto product. The test will be whether stablecoin funding makes the end-to-end customer experience measurably better.

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TL;DR: BlackRock’s IBIT recorded roughly $665 million in net inflows on October 19, even as several other US spot Bitcoin ETFs saw investors take money out.

A strong day for Bitcoin ETFs wasn’t quite as broad-based as the headline number suggests. BlackRock’s iShares Bitcoin Trust took in approximately $665.16 million on Monday, according to SoSoValue’s fund-flow figures, while the US spot Bitcoin ETF group recorded a combined inflow of about $526.6 million.

That difference is the story. Money going into IBIT more than offset withdrawals from competing funds. Fidelity’s FBTC registered roughly $83.6 million in outflows, while Grayscale’s GBTC shed about $54.9 million.

Rather than a uniform surge of demand for every Bitcoin product, Monday’s numbers point to a preference for the market’s biggest vehicle. IBIT has become the default choice for many investors seeking exchange-traded Bitcoin exposure, although a single day’s figures cannot establish why individual institutions moved money.

The reversal also follows a Friday session in which the group recorded net withdrawals. It underscores how quickly flows can shift around market volatility and broader risk sentiment.

Flows are useful evidence of ETF subscriptions and redemptions, but they shouldn’t be read as a direct measure of new cash buying Bitcoin at a particular hour. Fund mechanics and market-making activity complicate that picture.

The next question is whether demand spreads to other products or whether IBIT continues to absorb most of the market’s incremental interest.

Written by the News Desk and edited by Samuel Rae.

TL;DR: BlackRock’s IBIT recorded roughly $665 million in net inflows on October 19, even as several other US spot Bitcoin ETFs saw investors take money out.

A strong day for Bitcoin ETFs wasn’t quite as broad-based as the headline number suggests. BlackRock’s iShares Bitcoin Trust took in approximately $665.16 million on Monday, according to SoSoValue’s fund-flow figures, while the US spot Bitcoin ETF group recorded a combined inflow of about $526.6 million.

That difference is the story. Money going into IBIT more than offset withdrawals from competing funds. Fidelity’s FBTC registered roughly $83.6 million in outflows, while Grayscale’s GBTC shed about $54.9 million.

Rather than a uniform surge of demand for every Bitcoin product, Monday’s numbers point to a preference for the market’s biggest vehicle. IBIT has become the default choice for many investors seeking exchange-traded Bitcoin exposure, although a single day’s figures cannot establish why individual institutions moved money.

The reversal also follows a Friday session in which the group recorded net withdrawals. It underscores how quickly flows can shift around market volatility and broader risk sentiment.

Flows are useful evidence of ETF subscriptions and redemptions, but they shouldn’t be read as a direct measure of new cash buying Bitcoin at a particular hour. Fund mechanics and market-making activity complicate that picture.

The next question is whether demand spreads to other products or whether IBIT continues to absorb most of the market’s incremental interest.

Written by the News Desk and edited by Samuel Rae.