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U.S. Bitcoin, Ether, and Solana funds lose $1.2...

Reported by Pluang
Oct 16, 2026· 2 min read
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Key Takeaways
  • • U.S. spot funds for Bitcoin, Ether, and Solana recorded withdrawals totaling $1.25 billion from October 5 to 9, 2026, according to the primary report.
  • • Bitcoin traded at Rp1.460.300.828 on Pluang on October 16, 2026, down 1.12%, with Solana and Chainlink also lower on the day.
  • • Solana's Alpenglow upgrade targets 150-millisecond transaction finality, with mainnet activation expected October 21.
  • • Chainlink introduced CCIP 2.0 for cross-chain transfers, and Standard Chartered launched institutional custody for the Ripple USD stablecoin.
Summary
U.S. spot funds tracking Bitcoin, Ether, and Solana saw combined withdrawals of $1.25 billion between October 5 and 9, 2026, as reported in the primary source. Industry reporting on the same week put the outflow figure in a similar range, with one account citing $1.29 billion in crypto ETF losses over October 5 to 9, led by Bitcoin and Ethereum funds, and another citing $1.2 billion in combined Bitcoin and Ether fund losses for the week through October 9. The primary source characterizes the outflows as investor caution ahead of major network and custody milestones.

On Pluang, Bitcoin was priced at Rp1.460.300.828 as of October 16, 2026, at 22:42 WIB, down 1.12%. Solana was priced at Rp1.875.560, down 0.70%, and Chainlink at Rp221.797, down 0.73%. The price moves coincided with the recent fund withdrawals.

Several infrastructure developments were announced alongside the flows. Solana's Alpenglow upgrade is designed to reduce transaction finality to 150 milliseconds, with mainnet activation expected on October 21. Chainlink introduced CCIP 2.0 to improve cross-chain transfers. Standard Chartered launched institutional custody services for the Ripple USD stablecoin, expanding its digital asset offering.

Separately, related coverage from the same period indicates that Bitcoin had been trading near $82,000 in mid-October, below its 20-day exponential moving average, and that a reduction in Fed rate-hike odds had eased some pressure on crypto markets. These figures are drawn from other market reports and are not part of the primary article's core claims.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Pluang U.S. Bitcoin, Ether, and Solana funds lose $1.2...