Record $1.26B Outflow Hits BlackRock Bitcoin ETF as Bearish Options Cost Soars

The Abu Dhabi Investment Council significantly increased its investment in Bitcoin during the third quarter, tripling its stake in BlackRock’s iShares Bitcoin Trust to nearly 8 million shares. This move reflects the council's view of Bitcoin as a long-term digital asset akin to gold.

Nvidia reported earnings that exceeded expectations, leading to a positive outlook that calmed jittery markets. Following this announcement, Bitcoin's price rebounded, reclaiming the $90,000 mark. The strong performance of Nvidia's data center revenue contributed significantly to this recovery in the cryptocurrency market.

DeFi giant Spark has decided to halt its plans for a cryptocurrency application, shifting its focus towards developing institutional infrastructure. This strategic pivot indicates a response to the current market conditions and investor sentiment, which have been marked by volatility and uncertainty.

Selig, nominated by Trump to lead the Commodity Futures Trading Commission (CFTC), emphasized the importance of cryptocurrency as a 'critical mission' for the agency during a Senate hearing. He highlighted the need for regulatory clarity to foster innovation in the crypto space while ensuring consumer protection. Selig's appointment comes amid increasing scrutiny of the cryptocurrency market and calls for comprehensive regulations.

BlackRock's iShares Bitcoin Trust (IBIT) experienced a significant net outflow of $523 million on Tuesday, marking its largest single-day withdrawal since inception. This development reflects a growing caution among investors in the cryptocurrency market amid ongoing volatility.

New Hampshire is preparing to initiate its first state-backed Bitcoin bond effort, awaiting a buyer for a proposed $100 million municipal bond. This initiative aims to integrate Bitcoin into traditional finance, potentially reshaping municipal funding strategies.

Crypto leverage reached a record high in the third quarter of 2025, as decentralized finance (DeFi) continues to reshape the market structure, according to a report by Galaxy. This surge in leverage indicates a growing confidence among traders in the cryptocurrency market, despite ongoing volatility. The increasing dominance of DeFi platforms is influencing trading strategies and market dynamics.

The article discusses the necessity for AI agents to possess a distinct identity, proposing that Zero-Knowledge Proofs (ZKPs) can provide a solution. ZKPs allow for the verification of information without revealing the underlying data, which is crucial for maintaining privacy and security in AI interactions. This development is particularly relevant in the context of cryptocurrency, where identity verification is essential.