- Bitcoin fell to $81,749.83 intraday, undercutting the $82,776.30 floor flagged a day earlier, and traded near $82,486 — about 5.6% below the Sept. 21 peak of $87,354.33. The daily trend band still holds, but the cushion is shrinking.
- Spot Bitcoin ETFs shed $484.9 million on Oct. 7, their worst session since June, erasing about 81% of the $595.3 million that flowed in over the prior nine sessions and cutting the 10-day net to $110.4 million. Cumulative net inflows stand at $57.8 billion.
- Roughly $429 million in leveraged positions were liquidated over 24 hours, 87.5% of them longs, with Bitcoin accounting for $135.51 million and Ethereum $96.14 million. Nearly half of the total hit in the final four hours.
- U.S. government-linked wallets moved 12,267 BTC, worth about $1.01 billion, from the Bitfinex hack seizure wallet to new unlabeled addresses, with no exchange deposit recorded. A March 2025 executive order directs forfeited bitcoin into a Strategic Bitcoin Reserve rather than a sale.
- Grayscale's Krista Lynch said SEC listing standards cover about 15 tokens, letting crypto ETF issuers get selective beyond bitcoin and ether as the ETF market enters a new phase.
Quotes
“Spot Bitcoin ETFs shed $484.9 million on Oct. 7, their worst day since June, per ETF flow data on Decrypt.”
“No exchange deposit was recorded, a pattern more consistent with wallet reshuffling than a sale.”
“SEC listing standards cover about 15 tokens, letting crypto ETF issuers get selective beyond bitcoin and ether.”