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US spot Bitcoin ETFs attracted USD 137.33 million, led by BlackRock's IBIT with USD 136.01 million.
Visa's annualized stablecoin settlement volume exceeded USD 25 billion, representing tenfold growth.
Hyperliquid permanently burned 49.87 million HYPE tokens, representing approximately 4.99% of its maximum supply.
The crypto market saw major developments as spot Bitcoin ETFs recorded USD 137 million in net inflows, Visa witnessed 10x growth in stablecoin settlements and Hyperliquid burned 49.87 million HYPE. Meanwhile, Google has entered cryptocurrency services by testing Multi-Party Compute (MPC) custody.
SoSoValue’s data shows that the Bitcoin spot ETF saw a total net inflow of USD 137.33 million yesterday. The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of USD 136.01 million, and the total historical net inflow of IBIT currently stands at USD 66.53 billion.
The second highest was Bitwise's ETF BITB, with a daily net inflow of USD 1.32 million, and the total historical net inflow of BITB currently stands at USD 2.03 billion. The total net asset value of Bitcoin Spot ETFs is USD 104.88 billion, with an ETF net asset ratio of 6.41%. The historical cumulative net inflow has reached USD 57.61 billion.
Google is previewing Google Multi-Party Compute (MPC), a security service built to help banks and other financial institutions safeguard and move cryptocurrencies and tokenized assets.
The product is in private preview, and Google plans commercial availability in early 2027. The company has not disclosed pricing. Several design partners and major financial institutions are testing the service, though Google declined to name them.
The move puts Google in competition with established custody technology providers such as Fireblocks, Fordefi and BitGo. The service reduces reliance on a single private key through a technique called multi-party computation (MPC), which distributes control across several parties or computers.
Also Read: Bitcoin Self-Custody vs Exchange Storage: Key Risks Explained
XRP Ledger activity has jumped to its highest level this year, while the price of XRP slips lower. Active accounts, which count the unique senders on the network, reached 32,604 on October 27. This is the highest reading since the start of 2026 and well above the 30-day average of 19.4K.
For most of the past year, daily active accounts stayed between 13K and 20K. A few short spikes pushed above 30K, but they faded quickly. The latest jump is larger and cleaner than those moves. It also follows a deep drop in late August and early September, when activity fell to nearly 4K accounts.
Visa has surpassed USD 25 billion in annualized stablecoin settlement volume, a tenfold increase from a year ago, as the global payments company expands its blockchain operations across 10 networks and five international regions.
According to Visa CEO Ryan McInerney, who disclosed the figures during the company’s October 27 fiscal fourth-quarter earnings call, the payment network now supports five stablecoins for settlement. The company has expanded its stablecoin-linked card business to more than 225 programs, serving approximately 5 million cards across more than 50 countries.
The USD 25 billion figure represents Visa’s annualized settlement run rate, calculated from its current pace of activity, not the total amount processed throughout fiscal 2026. During the earnings call, McInerney said Visa’s settlement operations now cover 10 blockchains, more than twice the number supported a year ago.
Hyperliquid has permanently burned 49.87 million HYPE tokens, valued at roughly USD 3.89 billion at the time of the on-chain snapshot, according to Onchain Lens. The tracker said the amount represented 4.99% of a 1 billion-token maximum supply and reported lifetime protocol revenue of USD 1.38 billion.
The burn highlights how the decentralized exchange is using fee-driven mechanisms to reduce HYPE supply. Over the previous 24 hours, about 19,700 HYPE worth approximately USD 1.59 million were burned, while estimated fees reached USD 1.69 million.
Also Read: Bitmine Buys 10,452 ETH as Treasury Nears 5% of Total Supply
1. How much money flowed into Bitcoin ETFs on October 28, 2026?
According to SoSoValue, US spot Bitcoin ETFs recorded USD 137.33 million in net inflows, led by BlackRock's IBIT with USD 136.01 million and Bitwise's BITB with USD 1.32 million. Total Bitcoin ETF net assets reached approximately USD 104.88 billion, while cumulative historical net inflows stood at USD 57.61 billion.
2. What is Google's new cryptocurrency custody service?
Google is testing Google Multi-Party Compute (MPC), a security service designed to help financial institutions safeguard and transfer cryptocurrencies and tokenized assets. The service distributes cryptographic control across multiple parties or computers, with commercial availability planned for early 2027.
3. How much has Visa's stablecoin settlement volume increased?
Visa reported an annualized stablecoin settlement run rate exceeding USD 25 billion, representing approximately tenfold growth from the previous year. The company now supports five stablecoins across 10 blockchain networks and operates more than 225 stablecoin-linked card programs serving approximately 5 million cards.
4. Why did XRP Ledger activity reach its highest level in 2026?
XRP Ledger recorded 32,604 active accounts on October 27, significantly exceeding its 30-day average of approximately 19,400 accounts. The increase indicates stronger network participation, although the available data does not establish a specific cause or guarantee an increase in XRP's price.
5. How many HYPE tokens did Hyperliquid burn, and what was their value?
According to Onchain Lens, Hyperliquid permanently burned 49.87 million HYPE tokens valued at approximately USD 3.89 billion at the time of the snapshot. The amount represented roughly 4.99% of the token's maximum supply of 1 billion HYPE, highlighting the protocol's fee-driven supply reduction mechanism.