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More →Jump and DRW bet on the AI compute futures market, which could reach $2.3 trillion by 2030.
Jump Trading and DRW are stepping up their push into financial derivatives tied to AI computing power, planning to trade computing power futures and other contracts to help companies hedge against fluctuations in GPU rental prices. Both firms entered the cryptocurrency market early and are now seeking to replicate similar market-making experience. Jump has set up a dedicated trading team that will use its own balance sheet to bear trading risk, and plans to prepare for computing power futures being arranged by institutions such as CME and Silicon Data, while also monitoring related products from ICE and Ornn. DRW plans to participate in computing power trading through three teams and has already invested in Silicon Data and Ornn. CME's related futures products are still awaiting regulatory approval. Boston Consulting Group estimates that the global AI computing power market could reach $2.3 trillion by 2030. Although the computing power derivatives market is still in its early stages and price transparency is insufficient, whether Jump and DRW can drive computing power to become a standardized asset that can be traded and hedged remains to be verified by the market.
The VIX volatility index stands at 19.99 points.
CoinWorld US stock data: The VIX volatility index closed at 19.99 points. Compared with the same-caliber snapshot 24 hours earlier, it rose 3.53 points; compared with the same-caliber snapshot 7 days earlier, it rose 5.15 points.
Jump Trading and DRW are moving into the AI compute derivatives market.
Coin World news, according to Bloomberg, Jump Trading and DRW are deploying trading teams and proprietary capital to enter the AI compute derivatives market. Jump Trading plans to trade the compute futures that CME Group and Silicon Data intend to launch, as well as competing contracts introduced by Intercontinental Exchange (ICE) and Ornn. DRW plans to conduct compute trading through three teams and trade Silicon Data's products.
BTC liquidations totaled $76.9762 million over the past 24 hours.
BiJie Network data: BTC's rolling 24-hour liquidation amount is approximately 76.9762 million USD, involving about 4,782 liquidated accounts. Compared with the same-caliber snapshot 24 hours ago, it is down 18.96%; compared with the same-caliber snapshot 7 days ago, it is up 56.11%.
Trader 0x9c6 is long SOL with 20x leverage on HyperLiquid, with the account currently valued at $24.2 million.
According to Arkham, trader 0x9c6 opened a 20x leveraged long position worth $57.5 million on SOL on HyperLiquid at an entry price of $80.86, while SOL is priced at $104.43 today. The position was opened a month ago and has not yet been closed. The account is currently worth about $24.2 million, up $13 million from the time of entry.
Justin Sun: BTC held as core position without reduction, ETH reduced by 80% and reallocated to US stocks.
According to a CoinWorld report, Tron founder Justin Sun said that he has not reduced his BTC position, which serves as a core holding, while he reduced approximately 80% to 90% of his ETH holdings in the $3,600 to $4,000 range and shifted the funds into U.S. stocks. He is currently heavily invested in Nvidia and the Nasdaq 100.
BTC contract long/short account ratio (October 17, 2026, 12:00) is 1.71
CoinWorld data: The BTCUSDT 4-hour long-short account ratio is 1.71, with more net long accounts than net short accounts. Compared with the same-caliber snapshot 24 hours ago, it rose by 0.1942; compared with the same-caliber snapshot 7 days ago, it rose by 0.2005.
Ethereum ETFs saw a net outflow of $69.7 million, with a net inflow of $81.4 million so far in 2026.
CoinWorld data: On October 16, Ethereum ETFs saw a net outflow of $69.7 million, with a cumulative net outflow of $955 million month-to-date, while net inflow year-to-date in 2026 stands at $81.4 million. Specific inflow details are as follows: BlackRock's $ETHA saw a net outflow of $69.7 million, Grayscale Mini's $ETH saw a net inflow of $0, Grayscale's $ETHE saw a net inflow of $0, Fidelity's $FETH saw a net inflow of $0, BlackRock Staked's $ethb saw a net inflow of $0, Bitwise's $ETHW saw a net inflow of $0, VanEck's $ethv saw a net inflow of $0, Morgan Stanley's $msse saw a net inflow of $0, Franklin's $ezet saw a net inflow of $0, 21Shares' $teth saw a net inflow of $0, and Invesco's $QETH saw a net inflow of $0.
Bitcoin ETFs saw a net outflow of $82.41 million, with a net inflow of $3.155 million so far in 2026.
BiJie Network data: The latest data shows that as of October 16, total net outflows from Bitcoin ETFs were $82.41 million, with net outflows of $61.49 million month-to-date and net inflows of $3.155 million year-to-date in 2026. Among them, BlackRock's IBIT saw net outflows of $71.8 million, Fidelity's FBTC saw net outflows of $10.61 million, and Grayscale's GBTC and BTC (Mini) both had zero inflows.
Nasdaq advance-decline ratio reported at 0.2955
BiJie Network US stock data: The Nasdaq advance-decline ratio is 0.2955, with more decliners than advancers. Compared with the same-caliber snapshot 24 hours ago, it is down 0.3209; compared with the same-caliber snapshot 7 days ago, it is down 0.1447.