10/11/2026
Oct 11: ETH ETFs Log $697M Outflow Streak as Solana Inflows Reverse
French Committee Advances Crypto Tax Amendments, Then Rejects Budget · Ledger Confirms Hardware Implant in Southeast Asia, Losses May Exceed · Meanwhile Raises $37.5M to Scale Bitcoin-Only Life Insurance
Market Snapshot
- Bitcoin (BTC): $83,112.01 (+0.37% 24h)
- Ethereum (ETH): $2,505.09 (+0.34% 24h)
- Solana (SOL): $109.53 (-0.20% 24h)
- ETF Flows: Combined BTC, ETH, and SOL spot ETFs saw ~$1.25B in outflows for the week ending October 10, 2026.
Top Stories
- Meanwhile Raises $37.5M to Scale Bitcoin-Only Life Insurance
- ETH ETFs Log $697M Outflow Streak as Solana Inflows Reverse
- French Committee Advances Crypto Tax Amendments, Then Rejects Budget
- Ledger Confirms Hardware Implant in Southeast Asia, Losses May Exceed $86M
Key Takeaways
- Institutional and high-net-worth demand for Bitcoin-native financial services is expanding, as evidenced by Meanwhile's $37.5M raise and global client base.
- Major crypto ETFs (BTC, ETH, SOL) are experiencing synchronized outflows, with ETH and SOL both breaking multi-week inflow streaks and over $1.25B withdrawn in a single week.
- Crypto tax policy remains unsettled in key jurisdictions: France's proposed stablecoin and exit taxes face legislative hurdles despite committee support.
- Supply-chain attacks on hardware wallets remain a critical security threat, with Ledger users in Southeast Asia suffering tens of millions in reported losses from tampered devices.
What to Watch
All eyes are on the French National Assembly's floor debates beginning October 13, which will determine the fate of proposed crypto tax amendments. ETF flow trends will be closely monitored for signs of continued risk-off sentiment or renewed inflows. Meanwhile, Ledger's response to the hardware implant incident—and any further revelations about the scale or geographic spread—could have lasting implications for hardware wallet trust and distribution models.