Bitcoin ETFs attract $1.08 billion in 3 days but it may not be enough for a steep rally
Past steep rallies ran on about $235 million a day of net inflows into ETFs.
FINMA approved Switzerland’s first retail spot Bitcoin ETF, BBIT, with BIT Asset Management expecting a SIX Swiss Exchange debut in November 2026.
Bitcoin could outperform stocks, gold, and real estate over the next decade or longer, JPMorgan projects. Coinbase Predict highlighted that outlook alongside seven developments spanning investment access, corporate earnings, and artificial intelligence.
October 22, 2026, 6:30 amThe cautious approach of treasury firms amid Bitcoin's price surge highlights market volatility and strategic shifts in corporate crypto investments.
October 22, 2026, 5:05 amPast steep rallies ran on about $235 million a day of net inflows into ETFs.
BTC broke through its $84,000 ceiling late Wednesday, then slid back to the $82,500 support analysts are watching as tech futures fell.
Circle CEO Jeremy Allaire shrugs off Bitcoin's slump and pitches digital dollars for AI payments as GENIUS Act rules near.
Bitcoin hit $84,807 on Wednesday, its highest since October 7, pushing Strive up more than 13% and Strategy up more than 7%.
The net receipt reached an address Arkham labels a Coinbase Prime deposit, a destination also used in July and August.
Elon Musk confirmed that Tesla and SpaceX are exploring a merger that could combine their existing Bitcoin holdings under one company. Speaking during SpaceX's Oct. 20 earnings call, Musk said both companies had established special committees of independent directors to evaluate a potential combination.
Shares of bitcoin treasury companies Strategy and Strive surged Wednesday, extending gains as bitcoin rebounded to hit its highest price in two weeks and investors weighed fresh BTC acquisitions and financing moves by the two publicly traded firms.
The resurgence in tech stocks and Bitcoin's rise highlight a renewed risk appetite, potentially stabilizing crypto markets amid volatile equities.
Dolomite's integration of BTCcx highlights a shift towards regulated custody in DeFi, balancing institutional demand for yield with security.