BlackRock joins SBI, Startale to link tokenized funds with yen stablecoin
TL;DR: US spot Bitcoin ETFs attracted $524.8 million on October 21, according to Farside Investors. BlackRock and Fidelity supplied most of the inflow, extending a three-session run of net buying.
Bitcoin’s US exchange-traded funds recorded another half-billion-dollar session on Wednesday, with buying spread across more issuers than during the start of the week.
Farside Investors’ daily table puts October 21 net inflows at $524.8 million. BlackRock’s IBIT received $235 million and Fidelity’s FBTC added $212.7 million. Together, those two products accounted for approximately 85.3% of the total, calculated from the published figures.
Grayscale’s GBTC and Bitcoin Mini Trust, Bitwise’s BITB, Ark’s ARKB and Franklin’s EZBC also recorded positive flows. None of the funds in the table showed a net withdrawal for the session.
The latest result takes the October 19–21 total to $1.0747 billion. That calculation combines Monday’s $526.7 million, Tuesday’s $23.2 million and Wednesday’s $524.8 million.
For an ETF market often dominated by a single issuer, participation matters alongside the headline dollar amount. A large allocation to one product can reflect a particular client’s decision. Positive readings across several competing funds suggest that the day’s buying was less narrowly concentrated, even though the largest two still did most of the work.
Net fund flows measure money entering or leaving the investment vehicles. They do not capture every Bitcoin trade, reveal each buyer’s holding period or establish that an investor has no offsetting position elsewhere.
That distinction limits what Wednesday’s number can tell traders about the next price move. Strong ETF demand can coexist with selling from other holders, and a daily creation figure is not a timetable for when every underlying coin was purchased.
The useful comparison is now whether the buying continues across multiple sessions and issuers. Wednesday improved both the size and breadth of reported demand. It still leaves the durability of that demand to subsequent trading days.
This article was 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.

Bitcoin Magazine

BlackRock Files for Bitcoin ETF With Downside Buffer and Capped Upside
BlackRock has filed for a new bitcoin exchange-traded fund which, if approved, would cap investors’ upside while limiting their losses.
The iShares Bitcoin Managed Protection ETF, or PBIT, would aim “to create and manage bitcoin exposure,” according to a Monday filing with the Securities and Exchange Commission.
It would work buying options and fixed-income strategies to give investors regulated bitcoin exposure with capped upside and some downside protection — but not direct bitcoin ownership.
The fund would suit investors who want to invest in bitcoin but not experience all the volatility that comes with the top cryptocurrency.
Bitcoin has attracted attention for its wild price swings over the years but its volatility has dampened as more investors have bought into the space.
But 2025 was the least volatile year for the asset and the bear market of 2026 has been its most shallow on record: in past cycles, bitcoin’s price has dropped as low as 80% from its all-time high; this year it shed just 50% of its value.
BlackRock’s iShares Bitcoin Trust — IBIT — started trading in 2024 after the SEC gave the green light to 11 spot bitcoin ETFs.
The most successful of the ETFs in terms of flows, the investment vehicle has helped bring bitcoin to Wall Street. Now traders, institutions and retail investors can quickly buy shares that track the price of the leading cryptocurrency.
They don’t need to worry about exchanges or storage of the digital coin, rather, BlackRock buys and holds the bitcoin while investors simply hit the buy or sell button via their brokerage account.
IBIT has the most assets under management out of the bitcoin ETFs, currently handling $65.7 billion.
On Monday, the fund received $665.2 million in fresh investment as bitcoin buyers flooded back into the market.
That’s the biggest number of shares bought in the product since October 2025, when bitcoin notched a new all-time high, according to Farside Investors data.
This post BlackRock Files for Bitcoin ETF With Downside Buffer and Capped Upside first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
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 has proposed another Bitcoin-linked ETF, this time using options to pursue some protection against losses while giving up part of the potential upside.
BlackRock’s latest Bitcoin fund filing takes a different approach from the familiar buy-and-hold exposure offered by its iShares Bitcoin Trust. Instead of simply following the price of Bitcoin, the proposed iShares Bitcoin Managed Protection ETF would use an options strategy linked to IBIT or similar exposure.
The ambition is straightforward enough: participate in some of Bitcoin’s gains and seek a measure of protection during a decline. The trade-off is equally important. Gains could be capped, and the protection is neither unconditional nor guaranteed. The structure is designed around overlapping options positions, meaning an investor’s outcome could depend on when the shares are purchased as well as what Bitcoin does next.
That makes this a different kind of product, not a safer version of holding spot Bitcoin in every circumstance. Options costs, fund expenses and changing market prices all affect what shareholders receive.
The filing arrives as issuers work to move beyond basic spot exposure. Income-oriented and buffered Bitcoin products try to give financial advisers additional ways to fit an unusually volatile asset into conventional portfolios.
For investors, the missing details matter as much as the proposed strategy. An SEC filing does not mean the fund has been approved or launched. Its eventual fees, live portfolio and actual protection terms will determine whether the structure delivers a useful alternative to IBIT.
Written by the News Desk and edited by Samuel Rae.

TL;DR: US spot Ethereum ETFs lost $320.1 million in the week ending October 16, more than the $228.4 million withdrawn from Bitcoin funds. BlackRock’s ETHA accounted for nearly all of the Ether redemptions.
Ethereum investment funds have ended another difficult week on the wrong side of the ledger. US spot Ether ETFs recorded $320.1 million in net withdrawals between October 12 and 16, while comparable Bitcoin products lost $228.4 million, according to Farside Investors.
The difference is striking, but it needs some context. Ether funds were not suffering their worst week on record. They lost roughly $542 million in the preceding five sessions. What changed most visibly this week was the pace of Bitcoin redemptions, which slowed enough to put Ethereum ahead in the outflow rankings.
BlackRock’s iShares Ethereum Trust, ETHA, did most of the damage. Its five-day net loss was approximately $299 million, almost 93% of the total across US spot Ether funds. Monday started with an $85.4 million industry-wide withdrawal; a $24.8 million inflow on Tuesday offered a brief reprieve, before selling returned on Wednesday, Thursday and Friday.
Fidelity’s FETH managed modest positive flows during the week, underlining that investors were not treating every issuer alike.
ETF flow figures reflect creations and redemptions of fund shares, not a direct measure of all demand for ETH. Still, the concentration of withdrawals in the market’s largest Ether product raises an uncomfortable question: if institutional appetite returns, will it return to Ethereum as quickly as it does to Bitcoin?

Bitcoin Magazine

BlackRock Says AI Agents Could Be the Next Big Driver of Crypto Demand
Artificial intelligence and digital assets are beginning to converge, with AI models showing a preference for bitcoin and stablecoins, according to research cited by BlackRock .
In a new report, the $15 trillion Wall Street giant said that card networks and automated clearing houses involve human-driven onboarding, fees that make tiny payments uneconomic and slower settlement and finality.
The report, “The Machine-Native Economy”, is a bet that the next big source of crypto demand won’t be human investors but software. As AI agents begin booking travel, buying data and renting computing power on their own, BlackRock argues, they will need payment systems that run around the clock and can handle transactions worth fractions of a cent.
NEW: $15 trillion BlackRock says AI agents may choose to save in #Bitcoin for "long-term value preservation"
— Bitcoin Magazine (@BitcoinMagazine) October 6, 2026
"These findings … point to a potential AI-native monetary architecture in which stablecoins serve as transactional money and bitcoin as a store of value."pic.twitter.com/utJHYuTkGJ
“As AI agents become more capable and as their real-world applications expand, they increasingly demand payment and asset infrastructure designed natively for machine-speed commerce,” the report read.
“Crypto-native blockchain rails are particularly well suited to high-frequency, sub-cent, machine-to-machine transactions that take place around-the-clock, including API calls, on-demand data, and consumption based compute.”
It added that the Bitcoin Policy Institute research found that “controlled simulations generally favored stablecoins for everyday payments and bitcoin for long-term value preservation.”
“As AI adoption broadens and agentic systems become more capable, digital
assets could become increasingly integral to AI’s economic infrastructure, expanding utility across stablecoins, tokenized RWAs, and native cryptoassets that support blockchain settlement,” the report noted.
BlackRock has long praised Bitcoin and other crypto apps that utilize its technology, like the tokenization of assets.
The Securities and Exchange Commission in 2024 approved BlackRock’s iShares Bitcoin Trust,
which has since attracted the most investment and trading volume out of all U.S. bitcoin ETFs. The fund had the most successful debut in the history of ETFs and now manages over $67 billion in assets.
BlackRock has previously said that Bitcoin is in an asset class of its own, and that investors are buying it to hedge against any potential debt crises.
This post BlackRock Says AI Agents Could Be the Next Big Driver of Crypto Demand first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Bitcoin Magazine

Bitcoin ETFs Bring in $241M To Kick Start ‘Uptober’
Investors bought over $241 million in U.S. bitcoin exchange-traded funds last week, the third consecutive week of inflows that has helped keep the leading cryptocurrency’s price up during the start of so-called “Uptober.”
Data from Farside Investors shows that money hit the popular funds every day — apart from on Wednesday, when speculators pulled out nearly $149 million from the vehicles.
The price of bitcoin now is up close to 7% over a 30-day period, and was recently priced at $85,605.
JUST IN:
— Bitcoin Magazine (@BitcoinMagazine) October 5, 2026U.S. Spot Bitcoin ETFs took in $241.1 million last week, completing the third consecutive week of positive net inflows
pic.twitter.com/imYO76nqvd
Last week, BlackRock’s iShares Bitcoin Trust took in the lion’s share of investment, receiving over $450 million in fresh cash.
Funds managed by Fidelity and Morgan Stanley also experienced significant trading action and inflows.
Bitcoin’s price is often buoyed by investors buying shares of the U.S. ETFs. The funds give investors easy exposure to the asset via shares they can buy on their brokerage accounts.
Bitcoin’s price started rallying in August after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The coin had its best run in three years and third best August ever.
The coin’s price has recently benefited from the so-called debasement trade: when investors buy certain assets to hedge against currency being devalued. The dollar slid in value in August.
It continued to have a good September, rising nearly 6% over a 30-day period.
Bitcoin in the third quarter of this year had its best three months since 2024.
And so far, the October phenomenon dubbed “Uptober” is off to a good start: the month of October has historically delivered good returns for bitcoin investors.
Data firm CryptoQuant said in a September report last week that bitcoin was back in a bull market after crossing above its 365-day moving average, which the firm described as the “definitive technical signal” that has marked the start of the asset’s rally in past cycles.
Bitcoin’s price touched a record of $126,080 in October last year before sliding following a massive liquidation event. It has spent most of 2026 in a bear market.
This post Bitcoin ETFs Bring in $241M To Kick Start ‘Uptober’ first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
In a major development confirmed on SEPTEMBER 30, 2026, Confirmed announcement/filing for BlackRock BUIDL Fund Expands Multi-Chain Liquidity Infrastructure. This operational move highlights expanding activity across the digital asset ecosystem and underscores key developments for market participants.
According to primary regulatory and corporate filings verified on SEPTEMBER 30, 2026, this development introduces crucial infrastructure enhancements. Industry leaders note that maintaining robust compliance, security, and market liquidity remains essential as digital asset services integrate into broader institutional frameworks.
The transition reflects a strategic pivot toward scalable, transparent operations. Analysts emphasize that ongoing technological upgrades will play a central role in sustaining user confidence and market stability over the coming quarter.
As institutional participation accelerates across global markets, this landmark event sets a notable precedent. Traders and investors are closely evaluating liquidity signals and collateral flows following the announcement.
For complete details and primary verification, the official release is accessible via the primary source link: BlackRock BUIDL Fund Expands Multi-Chain Liquidity Infrastructure Official Disclosure.

The 2026 Bitcoin ETF story has flipped from one of persistent withdrawals to a small net inflow.
U.S.-listed spot Bitcoin funds have erased a deficit that reached roughly $5.8 billion in July and are now sitting at about $800 million of net inflows for the year.
That is a swing of more than $6 billion from the low point.
The turnaround has accelerated over the past week.
According to market data cited in the latest flow analysis, the funds attracted approximately $2.84 billion across six consecutive inflow sessions.
That came alongside Bitcoin’s recovery from below $58,000 in early June to the mid-$80,000 area this week.
The relationship matters.
ETF demand gives investors a regulated route into Bitcoin without requiring direct custody, while a rising BTC price improves the position of existing fund holders and can make additional allocations easier to justify.
The latest streak includes several strong sessions, although the daily totals have varied substantially between issuers.
Farside data shows the September 24 session alone produced around $190.7 million in net inflows, led by BlackRock’s IBIT.
The bigger story is the cumulative reversal rather than any one day.
Context matters here.
Around $800 million in annual net inflows is positive, but it remains modest compared with previous years.
U.S. spot Bitcoin ETFs attracted about $35.2 billion during 2024 and roughly $21.4 billion in 2025.
This year looked very different for much of the summer.
By July 13, cumulative 2026 flows had fallen to approximately negative $5.8 billion.
The recent recovery has now erased that hole.
That suggests institutional demand has returned at the same time Bitcoin itself has recovered, but it does not guarantee the trend will continue.
ETF flows can reverse quickly when macro conditions, bond yields or Bitcoin’s price move against investors.
Still, crossing back above zero is psychologically important.
For much of 2026, the ETF narrative was about money leaving.
After a six-day streak and billions of dollars returning to the products, the question has changed.
Investors are now watching to see whether the move back into positive territory marks a durable return of demand or simply a strong late-quarter rebound.
This article was written by the News Desk and edited by Samuel Rae.

BlackRock’s tokenized BUIDL fund has moved above $550 million in assets under management, keeping it among the most closely watched institutional real-world-asset products on public blockchains.
The September 22 validation snapshot puts AUM at roughly $552.4 million.
BUIDL is not a consumer stablecoin.
It is an institutional fund structure designed to give qualified investors onchain access to a portfolio centered on cash and US Treasury-style assets.
Securitize provides the tokenization and transfer infrastructure around the product.
That structure matters because it explains why BUIDL is often discussed alongside stablecoins even though the investor experience is very different.
The token can function as an onchain representation of a regulated fund interest, but access remains restricted and the compliance requirements look much closer to traditional securities markets.
The more interesting development around tokenized funds is how they are starting to become usable elsewhere.
Institutional investors increasingly want tokenized fund interests to work as collateral, settlement assets or components inside broader digital-market infrastructure.
That is where products such as BUIDL can become more important than their raw AUM number suggests.
At $552.4 million, the fund already represents meaningful institutional capital.
But it is still tiny relative to traditional money-market funds.
Tokenization does not need to replace that market overnight to matter.
It only needs to make regulated assets easier to move and use inside digital financial systems.
BUIDL’s growth gives BlackRock and Securitize a live test of that thesis, with enough capital behind the product for the experiment to be economically meaningful rather than purely symbolic.
BUIDL also benefits from being attached to a familiar institutional name. Many investors may be comfortable with Treasury exposure but less comfortable with the operational mechanics of blockchain settlement. Putting a BlackRock-managed fund behind the token can reduce part of that adoption barrier, while Securitize handles the digital transfer infrastructure. That does not eliminate blockchain-specific risks or access restrictions, but it makes the product easier to map onto existing investment processes. The fund’s growth is therefore as much a distribution story as it is a tokenization story.
This article was written by the News Desk and edited by Samuel Rae.

US spot Ethereum ETFs have followed a strong September 21 session with another positive day, adding roughly $210.4 million in net inflows for September 22 according to the validated flow data.
The back-to-back sessions matter more than either number in isolation.
BlackRock’s ETHA accounted for $115.2 million of the September 22 inflows, while Fidelity’s FETH added another $45 million.
That keeps the two largest institutional names near the center of the recent Ethereum ETF rebound.
The previous session brought in roughly $270 million, meaning the product group has now put together consecutive days of meaningful net demand.
For ETH, that is a cleaner institutional signal than price action alone.
ETF flows reflect capital entering regulated investment vehicles that ultimately need exposure to the underlying asset.
They do not explain who the end buyers are, but they give the market a measurable view of whether this distribution channel is expanding or contracting.
The obvious temptation is to call the reversal complete.
That would be premature.
ETF flows can swing quickly, especially when crypto prices move sharply and institutional portfolios rebalance.
What matters now is persistence.
If Ethereum products continue attracting capital over several sessions, the market can start treating the rebound as a genuine change in allocation behavior rather than a short-term reaction.
The September 22 number also needs to stay separate from the September 21 session.
They are two different trading days.
Together, however, they give Ethereum one of its strongest short stretches of ETF demand in 2026.
For a market that has repeatedly been compared unfavorably with Bitcoin‘s institutional flows, that is enough to make the next few sessions worth watching closely.
Ethereum’s ETF picture also matters because it arrives while the asset is still trying to rebuild its institutional narrative. Bitcoin has had a much clearer story as a reserve-style allocation, while ETH asks investors to understand staking, network economics and a broader application ecosystem. Repeated ETF inflows can simplify part of that conversation by showing that investors are willing to buy regulated ETH exposure even without directly participating in staking. The stronger that demand becomes, the less Ethereum’s institutional case has to rely on comparisons with Bitcoin and the more it can stand on its own allocation profile.
This article was written by the News Desk and edited by Samuel Rae.

US spot Bitcoin ETFs came within a rounding error of a billion-dollar inflow day on September 21.
The group recorded $998.96 million in net inflows, the largest single-session total of 2026 in the validated data set.
BlackRock’s IBIT led the session with $381.4 million.
ARK 21Shares’ ARKB followed with $289.1 million, while Fidelity’s FBTC added another $238.8 million.
Together, those three products accounted for the overwhelming majority of the day’s net buying.
For Bitcoin traders, that matters because ETF flows are one of the cleaner windows into regulated US spot demand.
The products have become a meaningful source of marginal buying and selling pressure, particularly on days when flows are large enough to stand out from the surrounding market.
Nearly $1 billion in a single session is significant, but it should not be confused with a cumulative-flow milestone.
It also does not guarantee that the same pace will continue.
ETF demand can reverse quickly depending on price, macro conditions and institutional positioning.
Even with that caveat, September 21 gives the market a hard number that is difficult to dismiss.
Almost $1 billion of net capital entered US spot Bitcoin ETFs in one trading day, with the biggest issuers all contributing meaningfully.
The next few sessions will show whether that was an isolated allocation surge or the start of a more sustained run of institutional demand.
This article was written by the News Desk and edited by Samuel Rae.
