U.S. Bitcoin ETFs See $388M Outflows, Tether Posts $10B YTD Profit with $181B in Reserves

U.S. Bitcoin ETFs See $388 Million Outflow Led by BlackRock Amid Macro Uncertainty

U.S. spot Bitcoin ETFs experienced $388.43 million in outflows on October 30, driven largely by BlackRock’s IBIT fund, which saw $290.88 million redeemed—the largest single-day outflow since early August. Ark & 21Shares’ ARKB and Bitwise’s BITB followed with $65.62 million and $55.15 million exits, pushing the weekly netflow into negative territory at $607 million. Analysts attribute the move to macro uncertainty after Trump’s actions toward China and cautious signals from the Federal Reserve. Options data show increased demand for downside protection, reflecting short-term bearish sentiment. Despite this, October’s total ETF inflows remain positive at $3.61 billion, indicating the outflows are a short-term adjustment rather than a structural decline in institutional interest. Market sentiment remains constructive, with prediction markets and the fear-and-greed index showing continued confidence.

Ether.fi Proposes $50 Million ETHFI Buyback as Token Trades Below $3

Ether.fi has proposed using up to $50 million from its treasury to repurchase ETHFI tokens when prices fall below $3, marking the protocol’s third buyback initiative. The buyback would continue until the cap is reached, the foundation ends it, or governance votes otherwise. The plan links buybacks to protocol revenues, aiming to reduce circulating supply and strengthen market confidence. Ether.fi currently holds around $10 billion in total value locked and generates $360 million in annualized fees. This move reflects a wider DeFi trend, with protocols like Aave, Uniswap, and OpenSea increasingly using buybacks to support liquidity and token prices, contributing to over $1.4 billion in DeFi buybacks so far in 2025.

T3 Financial Crime Unit Freezes Over $300 Million in Criminal Crypto Assets Through Global Collaboration

The T3 Financial Crime Unit, a joint initiative by Tether, TRON, and TRM Labs, has frozen more than $300 million in illicit cryptocurrency assets worldwide since its September 2024 launch. Operating across 23 jurisdictions, the unit has supported law enforcement in tackling money laundering, fraud, terrorism financing, and organized crime. Highlights include assistance in Brazil’s Operation Lusocoin, freezing over R$3 billion in assets, and tracking $19 million linked to the DPRK Bybit hack. The initiative underscores the importance of public-private cooperation in blockchain security and recently expanded through the T3+ Global Collaborator Program, with Binance as its first member. T3 FCU continues active collaboration with agencies like Europol, demonstrating how cross-sector partnerships can strengthen transparency and resilience in the crypto ecosystem.

Coinbase Q3 Profit Surges to $433 Million as Trading Volumes Soar, Stablecoin Revenue Drives Growth

Coinbase reported a third-quarter net income of $432.6 million, or $1.50 per share, surpassing analyst expectations, as heightened crypto volatility boosted trading activity. Transaction revenue jumped to $1.05 billion from $572.5 million a year ago. The exchange completed its Deribit acquisition, strengthening its position in the derivatives market. Revenue from its subscription and services segment rose 34.3% to $746.7 million, with stablecoin-related activities contributing $354.7 million, up from $246.9 million. The company highlighted ongoing stablecoin adoption among financial institutions and corporates, positioning Coinbase as a “cash-rich and growth-ready” player building infrastructure for the new financial internet.

Tether Reports $10B YTD Profit, $181B in Reserves, and $174B in Liabilities in Q3 2025 Attestation

Tether International published its Q3 2025 attestation confirming $181.2 billion in reserves backing USD₮ tokens and $174.4 billion in liabilities, leaving a $6.78 billion excess reserve buffer. Year-to-date net profit surpassed $10 billion, highlighting Tether’s financial strength. The company issued $17 billion in new USD₮ during the quarter, bringing total circulating supply to over $174 billion and serving more than 500 million users globally. Tether’s diversified reserves include $135 billion in U.S. Treasuries, $12.9 billion in gold, and $9.9 billion in bitcoin. The company completed the Celsius litigation settlement without impacting reserves, launched a share buyback initiative, and applied for an investment fund license in El Salvador, reinforcing its role as a stable and transparent pillar in the digital dollar ecosystem.