Crypto News Today: Bitcoin ETF Gains, Binance Hack Fallout, SHIB Liquidations, and Strategy’s Q3 Results

Bitcoin ETFs attract USD 17.07 million as billions in funds linked to the Binance hack face freezes. Meanwhile, Shiba Inu records USD 20 million in liquidations, Ripple cuts Water.org’s payment fees by 66%, and Strategy reports USD 20.91 billion in Q3 operating income.
Crypto News Today: Bitcoin ETF Gains, Binance Hack Fallout, SHIB Liquidations, and Strategy’s Q3 Results
Written By:
Bhavesh Maurya
Reviewed By:
Manisha Sharma
Published on: 
Updated on: 

Overview:

  • US spot Bitcoin ETFs attracted USD 17.07 million, led by BlackRock's IBIT with USD 12.80 million.

  • Shiba Inu traders faced approximately USD 20 million in liquidations, with long positions accounting for USD 12.9 million.

  • Strategy reported USD 20.91 billion in operating income for Q3 2026, driven primarily by digital asset accounting gains. 

The crypto market saw major developments as spot Bitcoin ETFs recorded USD 17 million in net inflows, while Binance froze around USD 3 billion in funds after the hacking incident. Additionally, Shiba Inu recorded USD 20 million in liquidation, and Strategy reported USD 21 billion in operating income for Q3.

Bitcoin Witnessed USD 17 Million in Inflows

SoSoValue’s data shows that the Bitcoin spot ETF saw a total net inflow of USD 17.07 million yesterday.

The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of USD 12.80 million, and the total historical net inflow of IBIT currently stands at USD 66.54 billion. 

The second highest was Fidelity's ETF FBTC, with a daily net inflow of USD 10.53 million, and the total historical net inflow of FBTC currently stands at USD 10.37 billion. 

The Bitcoin Spot ETF with the highest net outflow yesterday was Grayscale Bitcoin Mini Trust ETF USD BTC, with a daily net outflow of USD 15.35 million, and the total historical net inflow of USD BTC currently stands at USD 2.95 billion. 

The total net asset value of Bitcoin Spot ETFs is USD 104.27 billion, with an ETF net asset ratio of 6.58%. The historical cumulative net inflow has reached USD 57.62 billion.

Binance Frozen USD 3 billion of Hack

The attackers in the USD 6.3 billion Binance theft have started to split the funds that can be frozen. TRM Labs points with high confidence towards North Korea’s TraderTraitor unit for the Binance hack. The issuers of the largest stablecoins by market cap, Tether and Circle, have both blacklisted about 1.77 billion USDT and 825 million USDC, respectively, according to TRM Labs. 

Ripple has frozen 40.5 million of the stolen 88.5 million RLUSD stablecoin, while Trump-linked World Liberty Financial has locked 27.8 million of its USD1 token. Arbitrum’s Security Council also pulled a lever that helped it stop USD 30.5 million. 

Ripple Cuts Payment Fees

Ripple has helped Matt Damon's Water.org reduce cross-border payment fees by up to 66%, revealing new evidence of how its blockchain-based infrastructure is being used beyond cryptocurrency trading.

The nonprofit, co-founded by Damon and Gary White, has transferred more than USD 3.2 million across four markets using Ripple Payments, while settlement times in Mexico and Brazil have dropped from two or three days to the same day.

According to Ripple's October 29 announcement, the collaboration has also supported access to safe water or sanitation financing for more than one million people across Latin America. The companies are now preparing to expand stablecoin-enabled financing into three additional countries.

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SHIB Witnessed USD 20 million in Liquidation 

A USD 20 million Shiba Inu liquidation wave hit traders within 24 hours, with bullish positions taking the larger loss even as bets on gains continued to outnumber bearish wagers. The Shiba Inu team urged caution, pointing to borrowed money as a driver of short-term price swings.

Long traders absorbed USD 12.9 million in liquidations, while shorts lost approximately USD 7 million. Exchanges received about 92.07 billion USD SHIB in net deposits over 24 hours. The team put incoming transfers at 324.28 billion tokens, against withdrawals of 232.21 billion.

Strategy reported its financial results for Q3 ending September 2026, a period in which it consolidated Bitcoin as the decisive pillar of its balance sheet after recording billions of dollars in unrealized digital asset gains.

Strategy Reports USD 21 billion in Q3 Operating Income

Strategy reported its financial results for Q3 ending September 2026. Operating income reached USD 20.91 billion, driven almost entirely by a USD 20.91 billion digital asset accounting gain during the quarter. 

Additionally, diluted earnings per share (EPS) stood at USD 44.75, a figure that significantly surpassed market expectations. The traditional enterprise software licensing and services business posted revenues of USD 125.43 million for the quarter.

The company’s treasury held 848,517 BTC. The aggregate acquisition cost of these assets totaled USD 64.02 billion, equating to an average purchase price of USD 75,446 per unit, against an aggregate market value of USD 68.9 billion at the cutoff date.

Also Read: Ethereum Support and Resistance Levels: How Traders Interpret ETH Price Charts

FAQs:

1. How much money flowed into Bitcoin ETFs on October 29, 2026?

According to SoSoValue, US spot Bitcoin ETFs recorded USD 17.07 million in net inflows, led by BlackRock's IBIT with USD 12.80 million and Fidelity's FBTC with USD 10.53 million. Grayscale Bitcoin Mini Trust recorded USD 15.35 million in outflows, while total Bitcoin ETF net assets stood at approximately USD 104.27 billion.

2. How much cryptocurrency was reportedly frozen following the Binance hack?

According to the supplied report citing TRM Labs, Tether and Circle blacklisted approximately 1.77 billion USDT and 825 million USDC, respectively, following the alleged Binance theft. Ripple reportedly froze 40.5 million RLUSD, while World Liberty Financial locked 27.8 million USD1 tokens, and Arbitrum authorities intervened to protect another USD 30.5 million.

3. How did Ripple help Water.org reduce cross-border payment costs?

According to Ripple's October 29 announcement, its payment infrastructure helped Water.org reduce cross-border transaction fees by up to 66% and transfer more than USD 3.2 million across four markets. Settlement times in Mexico and Brazil reportedly decreased from two or three days to the same day.

4. How much did Shiba Inu traders lose in liquidations?

Shiba Inu traders experienced approximately USD 20 million in liquidations over 24 hours, with bullish positions accounting for USD 12.9 million and short positions losing around USD 7 million. Exchanges also recorded approximately 92.07 billion SHIB in net deposits during the same period.

5. Why did Strategy report nearly USD 21 billion in Q3 operating income?

Strategy reported approximately USD 20.91 billion in operating income for Q3 2026, primarily reflecting unrealized digital asset accounting gains rather than revenue from its software business. The company also reported diluted earnings per share of USD 44.75 and Bitcoin holdings totaling 848,517 BTC.

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