Crypto News - 9 October 2026
The U.S. Commodity Futures Trading Commission proposed a new regulatory framework on Octob | Hanami
Crypto News - 9 October 2026
The U.S. Commodity Futures Trading Commission proposed a new regulatory framework on October 5 that would allow cryptocurrency exchanges offering leveraged or margined trading to operate under federal oversight. The proposal introduces a category of regulated venues called crypto asset markets, with requirements covering proof of reserves, market manipulation safeguards and customer protections. Exchanges could opt into this framework rather than relying primarily on separate state money-transmitter licenses. The move follows Congress's failure to advance broader crypto market legislation and represents another attempt to establish clearer rules for digital asset trading. However, the proposed framework remains subject to the regulatory process and does not replace comprehensive legislation.
Samsung Brings USDC Payments to Galaxy Wallets
Samsung announced plans this week to introduce USDC stablecoin transfers directly through Samsung Wallet and Samsung Pay for eligible Galaxy users in the United States. The service, scheduled to begin rolling out in late October, will use blockchain infrastructure including Solana to support cross-border payments without requiring a separate cryptocurrency application. Users will be able to transfer USDC to compatible wallets and send funds to eligible bank accounts in more than 60 countries, with local currency conversion available. The initiative involves infrastructure provider Bastion and Coinbase, which will support custody services. Samsung's announcement highlights the growing integration of stablecoins into everyday financial applications and consumer payment systems.
NYSE Parent Backs 24/7 Tokenized Stock Trading
OKXICE, a joint venture between cryptocurrency exchange OKX and New York Stock Exchange parent Intercontinental Exchange, disclosed plans on October 5 for a regulated tokenized stock trading platform in the United States. The proposed venue would initially support blockchain-based versions of shares in more than 60 publicly listed companies, allowing round-the-clock trading and potentially faster settlement. Tokenized shares would retain traditional shareholder rights, including dividends and voting, under the proposed structure. The initiative builds on a new SEC innovation exemption designed to support regulated experimentation with blockchain-based securities. The platform has not yet launched and remains subject to regulatory conditions, but the announcement signals growing interest from established financial market operators in tokenization.
U.S. spot Bitcoin ETFs opened Monday with USD 89.8 million in net outflows, as withdrawals from ARK 21Shares' ARKB (USD 85.2 million) and Fidelity's FBTC (USD 74.5 million) outweighed BlackRock's IBIT inflows of USD 69.9 million. Tuesday brought a reversal with USD 118.8 million in net inflows, led by IBIT (USD 122.0 million). Wednesday recorded the week's heaviest selling at USD 484.9 million in net outflows, driven by IBIT (USD 207.7 million), FBTC (USD 105.1 million) and ARKB (USD 101.7 million). Thursday extended the decline with another USD 244.1 million leaving the funds, including USD 197.1 million from FBTC. Overall, Bitcoin ETFs recorded approximately USD 700.0 million in net outflows across Monday through Thursday, signaling renewed institutional selling pressure. Friday's figures remain incomplete and are awaiting final issuer reporting, including IBIT.
U.S. spot Ethereum ETFs began Monday with USD 50.8 million in net outflows, led by BlackRock's ETHA (USD 31.9 million) and Fidelity's FETH (USD 18.9 million). Selling accelerated Tuesday as ETHA recorded USD 201.9 million in withdrawals, bringing the day's net outflow to USD 201.9 million. Wednesday remained under pressure with USD 160.9 million in net outflows, driven by ETHA (USD 116.1 million) and Grayscale's ETHE (USD 25.8 million), alongside smaller withdrawals across other funds. Thursday saw another USD 72.5 million leave the market, although Fidelity's FETH attracted USD 5.5 million in inflows. Overall, Ethereum ETFs registered approximately USD 486.1 million in net outflows from Monday through Thursday, reflecting persistent institutional selling throughout the week. Friday's figures remain incomplete and are awaiting final issuer reporting.
Cardano (ADA) led this week's tracked assets with a modest 0.8% gain, followed by Metal DAO (MTL), up 0.2%, and Metal Blockchain (METAL), up 0.1%. These were the only three assets in the tracked group to finish the seven-day period in positive territory. Loan Protocol (LOAN) declined 1.6%, while Bitcoin (BTC) slipped 2.3% and XPR Network (XPR) fell 3.5%. Larger losses were recorded across several major cryptocurrencies, including Ethereum (-6.7%), Solana (-7.5%) and Hedera (-8.4%). The broad pullback coincided with heavy outflows from U.S. spot Bitcoin and Ethereum ETFs, although market sentiment remained in Greed territory. The Crypto Fear & Greed Index stood at 59 on October 9, down from 72 a week earlier, suggesting optimism had cooled despite the index remaining above neutral.(Historical earnings: For fiscal period 2026Q1, ended 2026-03-31, reported basic EPS of 0.23, diluted EPS of 0.21, net income of USD 55.253 million, and revenue of USD 0.694 billion.
Consensus expectations: The next upcoming consensus for fiscal period 2026Q3, expected on 2026-11-10, forecasts EPS of 0.373 and revenue of USD 0.792 billion.)