Weekend Edition · Oct 3 — Crypto week: ETF inflows, Bitget…
from QuantAlpha Digital Asset Update
Weekend Edition — the week in review. • Bitget reopened bitcoin withdrawals after a $388M hack hit its hot and warm wallets — a theft this size tests exchange solvency and user trust, with liquidation risk hanging over markets. • US spot Bitcoin ETFs drew $2.4B for the week ending Sept 25, the strongest week since October 2025 — a sign institutional demand is rebuilding behind BTC's push toward January highs. • The SEC proposed letting advisers hold client crypto without an approved custodian, while Coinbase won CFTC approval as a derivatives clearing organization — both widen the door for regulated institutional access.
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