Plus: Central Bank Fines Coinbase Ireland, Intersect Opens Cardano Dijkstra Testnet
Good Morning Lions,
Spot Bitcoin ETF flows slipped back into the red for October, and BTC has barely flinched over the past 24 hours. That tells me spot buyers are soaking up the redemptions for now. BUT if a second big outflow day lands next week, that calm gets tested. On top of all that, Coinbase Ireland running short on customer cash is a solid reminder of why self-custody matters, frens.
Spot Bitcoin ETFs Post Net Outflows
TL;DR: US spot Bitcoin ETFs recorded $635 million in net outflows on Thursday, according to SoSoValue data. The redemptions erased Wednesday's inflows and left October with $175 million in net outflows for the month so far.
Central Bank Fines Coinbase Ireland
TL;DR: The Central Bank of Ireland said Coinbase Ireland's customer-cash safeguarding account ran up to €5 million short during 2024. Coinbase Ireland accepted a €3,252,618 penalty, which still needs confirmation from the High Court.
Intersect Opens Cardano Dijkstra Testnet
TL;DR: Intersect has opened a public Dijkstra testnet for Cardano stake pool operators, U.Today reported. The testnet comes ahead of node 11.2 and a hard fork to protocol version 12. Ouroboros Leios is not included in this testing phase.
Cysic Exploiter Moves Funds to Tornado Cash
TL;DR: The wallet tied to the Cysic bridge exploit sent 300 ETH and 30.4 BNB, worth about $744,000, into Tornado Cash on Friday, per PeckShield. The transfers came a day after the Cysic Foundation offered a 10% recovery bounty.
CoinDesk Questions Bitcoin Midterm Bottom Timing
TL;DR: A CoinDesk analysis notes that bitcoin's lowest level so far this year, $57,850, came on July 1. That low landed roughly 125 days before the U.S. midterm elections, suggesting the bottom's timing could differ from past cycles.
XRP ETFs Reach $1.8 Billion in Inflows
TL;DR: XRP ETFs have drawn $1.8 billion in cumulative net inflows since launching last November, according to SoSoValue data reported by U.Today. Institutional demand for the products has slowed over recent days.
Lido DAO Files Blockworks Transparency Report
TL;DR: Lido DAO filed version 2.2 of its Blockworks B2 Token Transparency Filing on October 15, 2026. The filing carries a partial status with seven gaps still open. Lido also attached a voluntary income statement covering H1 2026.
October is only $175M in the red on ETF flows, so one solid inflow day flips the month back to green. Another day like Thursday and the idea that spot buyers are absorbing the selling gets a lot thinner 🦁 — Khal
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More crypto news, daily, at news.leodex.io. The Daily LEO · Written by the LEO Team, Edited by Khal.