U.S. covered call funds attract record inflows as investors seek yield - Reuters

Updated Oct 20, 2026, 7:19 a.m. EDTPublished Oct 20, 2026, 7:14 a.m. EDT3 min readEquities movements could provide direction for crypto. (CoinDesk Archives)SummaryThis is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already. Bitcoin BTC$81,406.54 dropped about 1.1% over the last 24 hours, ether ETH$2,382.21 fell 1.7% and the broader CoinDesk 20 (CD20) Index lost roughly 1.6%, pulled lower by declines in Asian stocks and the rising price of oil. Further weakness in equities could damp demand, analysts at QCP Capital wrote in a note published Monday. That may be on the cards. Both Nasdaq 100 futures and S&P 500 futures are lower, with companies including Coinbase Global COIN and Galaxy Digital GLXY falling in pre-market trading. “Broader equity deleveraging dynamics could transmit to cryptocurrency markets and potentially threaten the $80,000 support level if sustained,” the analsysts wrote. For the time being, the bitcoin price remains above that level after demand for the largest cryptocurrency picked up on Monday, as illustrated by the spot U. S. bitcoin ETFs.

XRP inflows to exchanges have hit seven-month highs as more than 6 billion tokens were deposited in the last 30 days. Key points:Rolling 30-day inflows to exchanges hit 6 billion XRP on Oct. 19, their highest value in seven months. The 90-day moving average of whale outflows fell to $49.7 million, its lowest levels in five years, as analysts see a lack of interest in the XRP/USDT pair. The realized profit/loss ratio has dropped 41% in October as rangebound trading conditions return. XRP whale interest absent as exchange inflows climb: AnalysisNew research from onchain analytics platform CryptoQuant reveals that on a rolling 30-day basis, XRP exchange inflows are at their highest since March. In the 30 days to Oct. 19, inflows totaled 6.05 billion XRP and have doubled since mid-August. During this time, XRP/USD increased from around $1 to a maximum of $1.70 before correcting to the current levels around $1.30. “The rise in total inflows to more than 6 billion XRP, reaching a seven-month high, signals a clear shift in asset movement toward exchanges.

If market pressures keep building, Anthropic “could reasonably decide it is better to stay private and wait for a better opportunity,” one portfolio manager says.

Traders making bullish bets on chip stocks are getting walloped this month, as renewed fears emerged about investment returns on the buildout of artificial intelligence.

Six more companies have reportedly filed objections to having their stocks listed in tokenized form on the proposed platform as part of a joint venture between cryptocurrency exchange OKX and the New York Stock Exchange’s parent company, the Intercontinental Exchange (ICE). According to a Friday Reuters report, the proposed stock platform, called OKXICE, had 22 companies total objecting to having their US stock listings tokenized. Among the most recent objections reportedly included Wells Fargo, Arm Holdings and Intuit, adding their names to Microsoft and Google’s parent company Alphabet in the last week. Notably, 16 of the companies were listed on Nasdaq, while only six of the stocks were available on the NYSE.