Broncos to wear Sunset Orange jerseys, Summit White pants for Week 7 game vs. Giants

The Broncos are set to return home in their iconic Sunset Orange jerseys for Alumni Weekend.

Fans can look forward to seeing the team take on the Giants in a game that promises excitement and nostalgia.

Don’t miss this special event as the Broncos honor their history while showcasing their vibrant orange pride on the field.
https://www.denverbroncos.com/news/broncos-to-wear-sunset-orange-jerseys-summit-white-pants-for-week-7-game-vs-giants

$20 million NASA mission to visit ‘God of Chaos’ asteroid saved from budget cuts in last-minute decision

NASA’s OSIRIS-APEX Mission Secures Funding to Continue Study of Potentially Hazardous Asteroid Apophis

NASA’s plans to fly a spacecraft alongside the potentially hazardous asteroid Apophis in 2029 will continue for at least another year. After threats of mission cancellation, the OSIRIS-APEX spacecraft received a last-minute $20 million allocation in the House budget bill, securing basic operations for the next fiscal year.

The news was first announced on October 7 at a meeting of the National Academies’ Committee on Astrobiology and Planetary Sciences, according to Ars Technica. Dani Mendoza DellaGiustina, principal investigator of OSIRIS-APEX at the University of Arizona, expressed relief: “We were incredibly relieved and grateful,” she told Live Science in an email.

### What is OSIRIS-APEX?

OSIRIS-APEX stands for “Origins, Spectral Interpretation, Resource Identification and Security Apophis Explorer.” The mission aims to observe Apophis, a quarter-mile-wide (400-meter) asteroid once thought to pose a minor threat to Earth during its close encounter in 2029.

Named after an ancient Egyptian god associated with chaos, Apophis is now known to safely pass by Earth thanks to more precise observations. However, it will come very close—passing inside the orbit of geostationary satellites, roughly 22,000 miles (36,000 km) away—potentially visible to the naked eye.

Despite the safe 2029 flyby, Apophis’s periodic crossings of Earth’s pathway mean there remains a risk of impact in the distant future.

### Utilizing Existing Spacecraft for a Cost-Effective Mission

OSIRIS-APEX uses the OSIRIS-REx spacecraft, which famously collected a small sample from asteroid Bennu in 2020 and recently returned the sample to Earth. The core spacecraft remains healthy, making it economical to repurpose the mission rather than launch a new spacecraft.

“Apophis is one of the most compelling near-Earth asteroids we’ve ever discovered,” said DellaGiustina. “By studying Apophis during and after its Earth encounter, we have a unique opportunity to understand how close planetary flybys reshape small bodies: from seismic shaking and surface landslides to changes in rotation and orbit.”

### Threat of Cancellation and Budget Challenges

Despite the mission’s scientific value, the Trump administration proposed canceling OSIRIS-APEX in May as part of sweeping NASA budget cuts. The proposed cuts would have slashed NASA’s budget by nearly 25%, from $24.8 billion to $18.8 billion, putting 19 missions including OSIRIS-APEX at risk.

The fate of the other 18 missions remains uncertain due to the ongoing U.S. government shutdown, which began October 1 after congressional disagreements over the fiscal budget.

While OSIRIS-APEX’s operations are secure through fiscal years 2026-27, NASA funding is reviewed yearly, meaning the mission will face funding reconsideration next year. DellaGiustina remains hopeful, noting that the mission was explicitly named in both the House and Senate versions of the fiscal 2026 NASA budget, thanks in large part to support from Arizona’s congressional delegation—Senator Mark Kelly, a former NASA astronaut, and Representative Juan Ciscomani, an alumnus of the University of Arizona.

“Congress recognized the value of keeping our healthy spacecraft and instruments operational as we cruise toward Apophis,” DellaGiustina said. “It doesn’t guarantee funding in future years, but it keeps us moving forward and gives us a fighting chance to carry out this once-in-a-lifetime encounter.”

### Future Science at Risk Despite Funding Relief

Though the funding news was a relief, it does not come without drawbacks. The OSIRIS-APEX science team did not receive any funding for active research this year. This means mission managers and early-career researchers, including students, cannot conduct analysis, planning, or mission science during this period.

DellaGiustina described this situation as “disheartening,” highlighting the impact on mentorship and professional development opportunities. The 2022 NASA senior review—a community effort conducted every three years to evaluate the value of missions—had explicitly praised OSIRIS-APEX’s efforts to mentor junior scientists and transition them into senior roles.

The review also commended the scientific productivity of OSIRIS-APEX and OSIRIS-REx, noting at least 137 scientific papers produced that provide significant insights into small asteroid structure and evolution.

### Looking Ahead

As OSIRIS-APEX prepares for the dramatic 2029 Earth flyby of Apophis, the mission remains a vital opportunity to expand our understanding of near-Earth objects and planetary defense. Continued funding and support will be essential to capitalize on this once-in-a-lifetime encounter with an asteroid that passes surprisingly close to our planet.

*Stay tuned for updates on OSIRIS-APEX and NASA’s other planetary science missions as funding and government decisions continue to evolve.*
https://www.livescience.com/space/space-exploration/usd20-million-nasa-mission-to-visit-god-of-chaos-asteroid-saved-from-budget-cuts-in-last-minute-decision

OpenSea Sees Token Trading Pivot With $SEA Token Planned for 2026, Expanding Beyond NFT Marketplaces

OpenSea Now Sees Token Trading Dominating Volume: Over 90% of Activity Comes from Tokens, Not NFTs

OpenSea is pivoting from a pure NFT marketplace to a multi-asset, on-chain trading hub, as recent data reveals that more than 90% of its trading volume now comes from tokens rather than traditional NFTs. This strategic shift comes amid a fading momentum in the NFT market, with OpenSea aiming to expand its scope beyond collectibles into a broader financial ecosystem.

What Is OpenSea’s Pivot to Token Trading?

OpenSea is evolving from a singular focus on NFTs to becoming a cross-asset, on-chain trading platform. Central to this pivot is the launch of the EA token scheduled for the first quarter of 2026. The new token will power a variety of features including staking, governance, and access to a mobile application currently in closed alpha testing.

This transformation enables OpenSea to offer trading across diverse asset classes such as tokens and perpetual contracts, in addition to NFTs. The company aims to capture a larger share of on-chain finance by supporting broader liquidity solutions.

How Does the EA Token Work within OpenSea’s Ecosystem?

The EA token is designed to be an integral element of OpenSea’s expanded ecosystem. At launch, 50% of the token allocation will be dedicated to the community, supporting decentralized participation. Additionally, the remaining half of OpenSea’s revenue will be allocated to token buybacks, which can help maintain token value and enhance liquidity.

Token holders will have the ability to stake their tokens and participate in governance decisions that shape the platform’s future. The upcoming mobile app—now in closed alpha—will further foster user engagement and cross-chain liquidity ambitions, enabling trading access to a wide range of crypto and tokenized assets.

Context: NFT Market Momentum Is Fading

The NFT market experienced explosive growth during 2021 and 2022 but has since faced a slow recovery. While there have been occasional bursts of activity, overall NFT volumes on major blockchains remain muted compared to their peak levels.

Meanwhile, token trading has steadily increased as a proportion of OpenSea’s platform activity. Even leading projects that once defined the NFT boom have seen their volumes and valuations decline significantly. This challenging environment has influenced OpenSea’s leadership to reposition the platform beyond cultural collectibles into a more comprehensive, finance-oriented trading hub.

Strategic Rationale Behind the Pivot

OpenSea’s pivot is not merely an expansion of its product line but a survival and strategic positioning move. Executives describe it as an evolution in line with broader industry trends toward tokenized ecosystems and decentralized finance (DeFi) utilities embedded within consumer platforms.

This approach aligns OpenSea with a growing movement in Web3, focused on governance, staking, and integrated financial models that extend beyond NFTs into fungible tokens and other on-chain assets. The company aims to become a hub where digital ownership and on-chain financial primitives coexist, driving sustained engagement through enhanced liquidity and cross-asset participation.

EA Token: A Fresh Start for a Fading Era

To support this next phase, OpenSea will launch the EA token in Q1 2026. Half of the token supply is allocated directly to the community, fostering decentralized growth and participation. OpenSea will dedicate 50% of its revenue to buying back the token, reinforcing its market value and demand.

The token will serve multiple purposes, including staking and governance, giving users influence over the platform’s direction. The launch also coincides with the rollout of a closed-alpha mobile app designed to facilitate cross-chain trading and liquidity.

OpenSea describes this move as building “a broader, on-chain liquidity layer,” enabling users to seamlessly stake, govern, and trade across tokens and other digital assets from within a unified platform.

Is the NFT Boom Truly Over?

OpenSea’s rebrand signals both an evolution and a retreat from the purely culture-driven NFT marketplace model. With the largest marketplace pivoting toward fungible tokens and integrated financial products, it suggests a wider industry shift from isolated NFT booms toward a more holistic, multi-asset crypto environment.

As the market consolidates, industry watchers will closely observe the EA token’s rollout and OpenSea’s broader product developments to gauge the platform’s success in navigating these changes.

Key Takeaways

  • Why is OpenSea pivoting away from NFTs? The shift responds to changing market dynamics and rising token trading volumes, aiming to become a multi-asset, on-chain trading hub.
  • What is the EA token launch about? Scheduled for Q1 2026, with 50% community allocation and half of OpenSea’s revenue allocated to buybacks; it will support staking, governance, and unlock access to a new mobile app.
  • Strategic context: The pivot reflects fading NFT momentum and greater emphasis on cross-asset liquidity and on-chain finance within crypto ecosystems.

Conclusion

OpenSea’s transformation from a single-purpose NFT marketplace into a multi-asset, on-chain trading hub marks a deliberate strategic shift shaped by evolving market trends and long-term crypto ecosystem growth. With the EA token launch, OpenSea is positioning itself to blend cultural leadership with enhanced financial utility, opening new pathways for user engagement and platform sustainability.

COINOTAG will continue to monitor developments and provide updates on how this transition affects users, liquidity, and the broader market landscape.

Author: COINOTAG

Published: October 17, 2025 | Updated: October 18, 2025

https://bitcoinethereumnews.com/nft/opensea-sees-token-trading-pivot-with-sea-token-planned-for-2026-expanding-beyond-nft-marketplaces/?utm_source=rss&utm_medium=rss&utm_campaign=opensea-sees-token-trading-pivot-with-sea-token-planned-for-2026-expanding-beyond-nft-marketplaces

Abbott speaks at 2025 Texas Nuclear Summit

Texas Governor Greg Abbott delivered a keynote address at the 2025 Texas Nuclear Summit on Friday.

His speech highlighted the state’s commitment to advancing nuclear energy as a vital component of Texas’ future energy landscape.

The summit brought together industry leaders, policymakers, and experts to discuss innovations, challenges, and opportunities within the nuclear sector.

Governor Abbott emphasized the importance of nuclear power in ensuring reliable, clean, and affordable energy for Texas residents.
https://www.kxan.com/news/texas/abbott-speaks-at-2025-texas-nuclear-summit/

Why You Should Add Walking—Backward—to Your Exercise Routine

Walking is good for you, but here’s why walking backward might be even better.

Not only does walking backward challenge your muscles in new ways, but it also improves balance, coordination, and cognitive function. It can help strengthen different muscle groups and enhance your overall fitness.

Just try not to fall. Or laugh. Walking backward can feel a bit awkward at first, but with practice, it becomes an enjoyable and beneficial addition to your exercise routine.
https://www.inc.com/associated-press/why-you-should-add-walking-backward-to-your-exercise-routine/91253505

The First 48 Hours of a War With China ‘Could Be Ugly’

In a potential conflict with China, the United States must prepare to absorb a massive initial strike consisting of over a thousand missiles and drones. This overwhelming opening salvo is designed to paralyze American forces and cripple their ability to respond effectively.

Understanding the scale and intensity of such an attack is crucial for developing robust defense strategies. The U.S. military needs to enhance its missile defense systems, improve early warning capabilities, and fortify critical infrastructure to withstand this unprecedented barrage.

Preparing for this scenario involves not only technological advancements but also strategic planning and coordination across all branches of the armed forces. By anticipating the challenges posed by such an assault, the U.S. can better ensure its readiness and resilience in the face of emerging threats.

Read Full Article »
https://www.realclearworld.com/2025/10/18/the_first_48_hours_of_a_war_with_china_could_be_ugly_1141771.html

I’m just days into wearing the Pixel Watch 4, and things are looking really good

The Google Pixel Watch 4 arrived this week for our review, and I’ve worn it for the last few days. It follows the Apple Watch Series 11, the Samsung Galaxy Watch 8, the Galaxy Watch 8 Classic, and other smartwatches I’ve worn over the past few months, which means it has a lot to live up to. Here are my early impressions, and at this stage, the good outweighs the bad.

### Wear OS 6’s Design is the Star

Within a few hours of using the Pixel Watch 4, it became very clear that Wear OS’s latest redesign is an absolute winner. What makes Wear OS 6 so good?

Larger icons and buttons make the interface easier to read and use. The software makes use of the entire circular screen so it never feels constrained, and there are various themes to ensure text is always readable. The refreshed cards are great too. Despite showing plenty of information on some, enough thought has gone into the design so they never appear overwhelming.

I particularly like how cards such as the weather include multiple little tiles, each separated by color and shape. It’s all highly readable.

Wear OS desperately needed an overhaul, and not only is the software more enjoyable and easier to use than ever before, but it also has a distinct personality, giving the Pixel Watch 4 a fun and fresh feel.

### Battery Life is Good So Far

I’m writing this on the morning of my third day with the Pixel Watch 4 on my wrist, and the display shows there is 38% battery remaining. It has not visited the charger since the morning of the first day.

In the Pixel Watch’s past, I’d have expected to see 38% remaining at the end of a single day’s use. Since I doubt I’ll need to charge the Pixel Watch 4 until the start of day four, it shows Google has made a huge step forward with efficiency.

During this time, I have tracked sleep for two nights, tracked a single 30-minute workout using GPS, kept the always-on screen active, and used the smartwatch for notifications. It has also been going through its “getting to know you” phase, which usually results in higher energy use than normal.

The Pixel Watch 4’s battery life is shaping up to be a major reason to buy.

### You Have to Be Patient with It

The Pixel Watch 4’s software and efficiency can affect performance when you wake up the smartwatch, resulting in some noticeable lag. It’s frustrating to experience, and it takes away some of the polish.

However, when the Qualcomm Snapdragon W5 Gen 2 chip is running smoothly, the Pixel Watch 4 zips along. You can scroll through cards, open notifications, and start apps with almost no delay. Even power-hungry apps like Google Maps perform really well, with no lag when scrolling or zooming in and out using the crown.

One area that still needs patience is notifications. Like many other Wear OS smartwatches, whether notifications arrive on the Pixel Watch 4 is somewhat hit-or-miss. When a notification does alert you, the screen rarely responds if you raise your wrist too quickly to see it.

How this is still a feature that needs improvement after all these years is beyond me. Be prepared to pull down the notification shade on the Pixel Watch 4 to see most of your notifications or slow down your response to its genuinely improved vibration alert.

### Be Prepared to Pay for Watch Faces

Google’s pre-installed, standard watch faces are a sorry bunch. There’s a handful of decent ones like Pacific, Concentric, and Shapes, but the rest are either too similar or contain too much information.

For all its work on Wear OS, Google has failed to make its watch faces enticing. This means if you want something interesting, you have to head to the Play Store to find it, and in almost all cases, this involves paying for a watch face.

While supporting developers is a good thing, the cost can quickly add up since a single watch face usually costs between $1 and $2.

This is not a problem unique to the Pixel Watch 4—it affects all Wear OS smartwatches. Only Apple makes a genuine effort to provide a wide, interesting, and unique watch face range for free, which elevates the Apple Watch beyond the competition.

### The Success of the Design is Still Up for Debate

Google’s poor selection of watch faces hurts the Pixel Watch 4 because, just like your choice of wheel on a car, the watch face can totally change the look and feel of the watch.

Pick the right one, and it can transform the Pixel Watch 4’s otherwise rather ordinary look.

The design itself couldn’t be more plain, even in the slightly interesting Moonstone color scheme of my review model. The silicone band isn’t bad, but it is quite stiff compared to some competitor bands.

At 65 grams with the band, it’s not heavy, but it isn’t very well balanced either, which means I’ve always been aware of it on my wrist. Not to the point where it’s annoying or prevents me from wearing it to track sleep, but more noticeable than with the Apple Watch Series 11 or Galaxy Watch 8.

The shape of the case back tends to get sweatier than other smartwatches too.

On a more positive note, the band attachment system is slick, and the edge-to-edge screen looks great. Although, the Gorilla Glass 5 is distractingly reflective.

The model in our photos is the 45mm version, which fits my 6.5-inch wrist just about right. I’m glad there’s a 41mm option available as well.

### A Good Start

I’m not ready to give a full review of the Pixel Watch 4 yet, but after just a few days, it’s proving to be a good smartwatch. Its software and battery life are current highlights.

However, it’s not dramatically different from the Pixel Watch 3, and several downsides seen in previous versions—such as unreliable notification support and poor watch face choices—remain.

If the last Pixel Watch wasn’t for you, this one likely won’t be either.

Our full review of the Pixel Watch 4 will come soon, but for now, the smartwatch is available to buy, starting at $350.
https://www.androidpolice.com/google-pixel-watch-4-first-impressions/

Teen gang banger, drill rapper, 17, already a ‘career criminal’ with 20 busts: ‘Raise the Age allows this to happen’

A 17-year-old gang member from the Bronx, who has been arrested 20 times, has become the poster child for critics of the Raise the Age law, police sources say.

The teenager, drill rapper Julian Turner, first came to police attention at age 14 when he was arrested for shooting a man. His latest arrest occurred on October 10, when he was caught allegedly carrying a gun on a subway platform at Penn Station, according to court records and law enforcement officials.

“You have a 17-year-old kid who tried to kill people with a gun and is still walking around with guns,” said a Manhattan police officer. “What do you think he’s going to do with a gun? He’s going to kill somebody.”

All of Turner’s arrests have taken place since the left-leaning April 2017 legislation raised the age of criminal responsibility to 18. The law was designed to keep children out of the criminal justice system and reduce youth incarceration. But in Turner’s case, it appears to have had little effect on rehabilitation.

Turner, an alleged member of the Young Gunnaz gang and known in the drill rap scene as Baby B-Dot, remains defiant. “I’m not a baby,” officials quoted him as saying.

Retired NYPD Assistant Commissioner of Youth Services Kevin O’Connor criticized the law’s limitations, stating, “Raise the Age does not allow the judges to use prior history when determining what to do with these kids. Here he is at 17—a career criminal. Raise the Age allows this to happen. How many people have to get shot or killed before they change the law?”

At the time of his latest arrest, Turner, who is currently on parole for juvenile offenses until August 2026, was on a subway train on the A/C/E line at Penn Station just before noon. An MTA worker noticed Turner and another teenager flashing gang signs. The subway engineer also observed Turner fidgeting with something in his waistband and alerted police who were on the platform, sources said.

When officers attempted to question and search Turner, he allegedly resisted and wrestled with them on the platform—an incident captured on police body camera footage. Officers eventually found a loaded handgun with a defaced serial number. Turner was charged with criminal possession of a weapon and resisting arrest and has been held on $75,000 cash bail or $175,000 bond, prosecutors said.

Turner’s criminal history is extensive. On September 2, he allegedly robbed a 32-year-old man at gunpoint in Morris Heights and was charged with robbery and criminal possession of a weapon.

Turner’s life of crime reportedly began at age 10. On December 19, 2018, he allegedly pulled a fake gun on two boys aged 11 and 13, threatening them and punching the younger child. Arrested with a knife, Turner faced charges of menacing, assault, and criminal possession of a weapon. Because he was a minor, outcomes of these early cases remain confidential.

The following year, Turner allegedly slashed a 14-year-old’s ear with a box cutter in Kingsbridge. Police also report that on August 31, 2019, the then 11-year-old Turner stabbed a 71-year-old woman’s hand after grabbing an item from a vendor’s table. Once again, records for these incidents are sealed due to his age.

At age 14, Turner’s violent activities escalated. On September 19, 2022, he allegedly fired shots at a Dunkin’ Donuts from the back of a scooter in Kingsbridge, striking the restaurant’s window but causing no injuries. Just days later, he reportedly shot a 20-year-old man in the leg outside a Kingsbridge Heights restaurant.

Then Chief of Detectives James Essig described Turner’s record at that time as staggering: “Eighteen arrests. He’s 14-years-old.” Turner was charged with attempted murder and criminal possession of a weapon and sent to a juvenile detention facility, although the length of his stay remains undisclosed.

O’Connor slammed the current system, adding, “There’s no accountability with Raise the Age. How many times is it going to take? How many people have to get shot or killed before they change the law?”

Turner’s lawyer could not be reached for comment.
https://nypost.com/2025/10/18/us-news/raise-the-age-allowed-this-teen-gang-banger-with-lengthy-rap-sheet-busted-again/

BlackRock’s bragging rights to fastest growing ETFs

BlackRock, the world’s largest asset manager overseeing $10 trillion, celebrated a significant milestone this week by highlighting its ownership of some of the fastest-growing exchange-traded funds (ETFs) in history.

CEO Larry Fink shared during the company’s earnings call, “Our digital assets ETPs and active ETFs have grown from practically zero to 10 in 2023, reaching over $100 billion in digital assets and more than $80 billion in active ETFs. The rapid growth of these premium categories is another proof point of our success in scaling distribution and quickly adapting to new offerings and markets.”

### The Star Performer: iShares Bitcoin ETF (Ticker: IBIT)

Leading the charge is the iShares Bitcoin ETF (IBIT), now the largest crypto ETF, offering investors exposure to Bitcoin without requiring direct ownership of the cryptocurrency. The assets under management in IBIT surpassed $100 billion earlier this month, although they have since slightly dipped alongside Bitcoin’s price decline.

| Ticker | Security | Last Price | Change | Change % |
|——–|——————————-|————|——–|————|
| IBIT | iShares Bitcoin Trust USD Acc | $60.47 | -0.96 | -1.56% |

Bitcoin itself, the largest cryptocurrency by market value, reached an all-time high of $126,272.76 on October 6, 2025. Since then, it has dropped below the $110,000 mark.

### Bitcoin as a Safe Haven

Recent escalating tensions between the U.S. and China have negatively impacted sentiment toward digital assets. Meanwhile, traditional safe havens like gold have surged to record highs, with gold recently peaking at $4,280.20 an ounce.

### Rising Star: iShares Ethereum ETF (Ticker: ETHA)

Another notable offering is the iShares Ethereum ETF (ETHA), which currently holds assets around $16 billion.

| Ticker | Security | Last Price | Change | Change % |
|——–|——————————-|————|——–|————|
| ETHA | iShares Ethereum Trust NPV | $28.94 | -0.30 | -1.03% |

Martin Small, BlackRock’s CFO and global head of corporate strategy, noted on the call, “Our flagship offerings in IBIT and ETHA were among the top five inflowing products in the ETP industry.”

Similar to Bitcoin, Ethereum has retreated to around the $3,800 level from its high of $4,955.23 reached on August 24, 2025.

### Crypto Performance vs. S&P 500

Despite recent volatility, both Bitcoin and Ethereum have advanced approximately 14% this year, slightly outperforming the S&P 500’s 13% rise as of the end of last week. In tandem, BlackRock’s shares have also gained 14% year to date.

Stay updated with live cryptocurrency prices and market movements as digital assets continue to evolve.
https://www.foxbusiness.com/markets/blackrocks-bragging-rights-fastest-growing-etfs

US Bitcoin ETFs see $1.2 Billion in weekly outflows

**US Spot Bitcoin ETFs See $1.2 Billion Weekly Outflows as Bitcoin Hits Four-Month Low**

The United States’ spot Bitcoin exchange-traded funds (ETFs) faced a challenging week, experiencing over $1.2 billion in total outflows amid a significant drop in Bitcoin prices. Despite this decline in institutional inflows, Charles Schwab reports that investor engagement with crypto-related products is rising, signaling growing interest among both retail and institutional clients in digital assets.

### Heavy Outflows Hit Bitcoin ETFs

Data from SoSoValue reveals that eleven US-listed spot Bitcoin ETFs collectively recorded $366.6 million in outflows on Friday alone, rounding off a negative week for these products and the broader cryptocurrency market.

The largest single-day withdrawal came from BlackRock’s iShares Bitcoin Trust (IBIT), which lost $268.6 million. Fidelity’s Wise Origin Bitcoin Fund (FBTC) experienced substantial redemptions totaling $67.2 million, while Grayscale’s GBTC saw outflows of $25 million. The Valkyrie Bitcoin ETF reported smaller withdrawals, and the remaining funds saw no activity on Friday.

Over the past week, US spot Bitcoin ETFs witnessed $1.22 billion in outflows, with only Tuesday showing minor inflows. This downturn coincided with a sharp decline in Bitcoin’s price, which fell from above $115,000 on Monday to just below $104,000 on Friday, marking its lowest level in four months.

The steep decline underscores the sensitivity of institutional products to Bitcoin’s price fluctuations, with ETF investors appearing to pull back amid growing market uncertainty.

### Charles Schwab Reports Rising Engagement in Crypto Products

While ETF redemptions suggest some cooling sentiment among investors, Charles Schwab remains optimistic about the long-term potential of digital asset investment products.

Speaking on CNBC, Schwab CEO Rick Wurster revealed that the company’s clients now hold 20% of all crypto exchange-traded products (ETPs) in the US. Interest in crypto has grown substantially over the past year, with visits to Schwab’s crypto-related webpages increasing by 90%.

“Crypto ETPs have been very active,” Wurster said, emphasizing the continued high engagement from investors.

ETF analyst Nate Geraci noted that Schwab’s large brokerage platform positions it well to capture future demand. The firm already offers crypto ETFs and Bitcoin futures and plans to launch spot crypto trading for clients in 2026, signaling a long-term commitment to the sector despite short-term volatility.

### Bitcoin Faces Rare October Downturn

October is historically one of Bitcoin’s strongest months, but this year has delivered disappointing results so far. Data from CoinGlass shows Bitcoin has gained in ten of the past twelve Octobers; however, this year the asset is down 6% month-to-date.

Despite the slump, some market analysts remain hopeful that the “Uptober” trend could return in the latter half of the month. Many point to potential Federal Reserve rate cuts later this year as a catalyst that could reignite demand for risk assets, including Bitcoin.

For now, the combination of ETF outflows, price pressure, and macroeconomic uncertainty has weighed heavily on crypto sentiment, leaving investors eager to see if the coming weeks can reverse October’s red start.
https://coinjournal.net/news/us-bitcoin-etfs-see-1-2-billion-in-weekly-outflows/