Foreign investors pull $2.7 billion from Indian stocks in September, eye record annual outflows - Reuters

Updated Oct 23, 2026, 4:04 a.m. EDTPublished Oct 23, 2026, 4:02 a.m. EDT3 min readCoinDCX denies hack after blockchain analysts flag suspicious flows. (Naveed Ahmed/Unsplash)SummaryCoinDCX denied that its active wallets were compromised after blockchain investigators flagged about $16 million in suspicious outflows from addresses linked to the Indian crypto exchange. The exchange said the transactions involved addresses compromised in a July 2025 hack, but an investigator said at least one continued to receive deposits and interact with CoinDCX’s current wallet into 2026. CoinDCX acknowledged that a temporary failure in its process for moving deposits from retired addresses caused operational losses, which it absorbed after crediting affected users. India's largest crypto exchange, CoinDCX, has denied that its active wallets were compromised, after blockchain sleuths flagged about $16 million in suspicious outflows from wallets linked to the exchange. “The transactions mentioned in recent claims involve old wallet addresses created in January 2025. These addresses were compromised in July 2025 and have not been used by CoinDCX since.

US spot Ether ETFs have shed $1.08 billion so far in October, the biggest monthly outflow of 2026, while Bitcoin ETF inflows slowed after Monday’s spike. The cash drain from US spot Ether exchange-traded funds (ETFs) rolled on as the funds surpassed $1 billion in withdrawals so far in October. Ether ETFs net outflows totalled $1.08 billion since the start of October after adding $26 million on Tuesday, according to SoSoValue data. The month’s withdrawals erased September’s $832 million in net inflows, leaving year-to-date net inflows at approximately $485 million. October has already recorded the largest monthly net outflow since November 2025, with eight trading sessions still to go. Monthly flows in US spot Ether ETFs. Source: SoSoValueThe outflows coincided with Ether’s 9.7% slide in October, from $2,700 to $2,438 at publication. ETH was down nearly 18% throughout 2026, according to CoinGecko. Meanwhile, Bitcoin ETFs recorded $23 million in net inflows on Tuesday, adding to $527 million on Monday. US spot Bitcoin ETFs have recorded about $67 million in net outflows in October, leaving net inflows for the year at roughly $809 million, according to SoSoValue.

US spot Bitcoin and Ether exchange-traded funds (ETFs) saw $549 million in net outflows last week as investors continued pulling money from two of the largest crypto funds. Bitcoin ETFs recorded around $229 million in weekly net outflows, while Ether funds posted even higher withdrawals at $320 million, according to SoSoValue data. The latest withdrawals marked a second consecutive week of losses for Bitcoin ETFs and a third for Ether funds. Outflows slowed from the previous week, when the two recorded $1.22 billion in net outflows. Spot Ether ETFs have recorded roughly $955 million in net outflows so far in October, more than in any other month this year. Monthly flows in spot Ether ETFs. Source: SoSoValueEther (ETH) fell 5% over the past seven days to around $2,433, while Bitcoin dipped 1.3% to $82,783 at the time of publication, according to CoinGecko data. Despite the withdrawals, both Bitcoin and Ether ETFs remain in positive territory for 2026, with Bitcoin ETFs attracting roughly $259 million in net inflows year-to-date and Ether ETFs drawing about $610 million.

Bybit’s new VARA licence authorizes spot trading services in Dubai, but the exchange must complete additional regulatory requirements before launching. Crypto exchange Bybit has secured a full Dubai license for spot trading following its earlier in-principle approval. Bybit said Thursday that its Dubai entity, Bybit Fintech FZE, received a virtual asset service provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA) for exchange services, including spot trading. A Bybit spokesperson told Cointelegraph that the entity’s previous in-principle approval was non-operational and did not permit it to serve customers in Dubai. VARA’s public register lists the new license as active, allowing services to retail, qualified and institutional investors. The spokesperson said Bybit must still complete VARA’s launch process and meet operational requirements before starting spot trading services. The company did not provide a launch date. Bybit previously secured a full Virtual Asset Platform Operator license from the United Arab Emirates’ federal regulator, the Securities and Commodities Authority (SCA), in October 2025.

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Open this photo in gallery:Stelco's Hamilton operations steel production facility is pictured from across the Hamilton Harbour in Burlington, Ont., on Friday, Oct. 9, 2026. Nick Iwanyshyn/The Canadian PressWelcome to The Globe and Mail’s business and investing news quiz. Join us each week to test your knowledge of the stories making headlines. Our business reporters come up with the questions, and you can show us what you know. This week: Canada’s inflation rate was released, Anthropic is on the verge of an initial public offering and Ottawa and Ontario pledged billions to help support a number of key sectors. Take our quiz and find out what happened in business. 1Showdown time! Federal Industry Minister Mélanie Joly has sent Stelco a new letter demanding it comply with the job guarantees it made to Ottawa. How long does the U. S.-owned steelmaker have to respond?