← The Polylog Crypto Intelligence Brief
Morning Edition · Saturday, October 10, 2026Published at 1:48 AM EDT · New York
Bitcoin ETFs lose $729 million in two sessions as bitcoin trades near $83,000, a year after the October 2025 liquidation
Ether funds extended an eight-session outflow streak to $641.3 million, and the Ripple-backed treasury company Evernorth brings 473 million XRP to Nasdaq on Monday.
United States spot bitcoin exchange-traded funds (ETFs) shed $729 million over two days this week. Cointelegraph reported $484.9 million in outflows on the first day, the largest daily outflow since June 25, and $244.1 million on the second…
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Dollar Liquidity Sets Crypto's Direction
Bank reserve levels and Treasury cash management increasingly determine crypto price direction more than crypto-native flows, tying digital assets to the same funding cycle as leveraged equities.
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- Ledger buyers in Southeast Asia lose about $86 million after buying devices from reseller CryptoBilis
- XRP Ledger fixes a 2015-era bug that let a payment create spendable XRP without funding it
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- Bessent says the United States will probably seize $1 billion in Iran-linked crypto this week
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- Miden launches a private-finance stack around Circle-backed USDCx as Ethereum researchers publish a private stablecoin design
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