Crypto Weekly Recap: Bitcoin ETF Flows, Solana Alpenglow Upgrade and HSBC RedCoin Launch
Image: CoinCentral
TLDR Bitcoin ETFs saw $527 million in inflows on Monday, then $636 million in outflows on Thursday. BlackRock filed for a Bitcoin fund with limited downside protection, and JPMorgan put its deposit token on Ethereum. HSBC launched RedCoin, a licensed Hong Kong dollar stablecoin for retail users. Solana completed its Alpenglow upgrade, while Ethereum delayed a testnet activation. US and Irish regulators announced new stablecoin rules and a Coinbase penalty. Bitcoin spent the week of 19 to 24 October 2026 trading around the low $80,000 range. The price briefly came close to $85,000 before falling back. Most of the week’s key news came from banks, regulators and blockchain networks.
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