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More →GRVT Burns 1.1 Million Tokens as Countdown to Grvt 2.0 Begins
<strong>[PRESS RELEASE – Singapore, Singapore, October 20th, 2026]</strong> <strong>The discretionary buyback represents close to 1% of circulating supply and precedes four planned product milestones culminating in Grvt 2.0.</strong> <a href="https://grvt.io/" rel="nofollow noopener" target="_blank">>Grvt</a>, a self-custodial trading platform built on its own zero-knowledge (ZK) chain, announced that the Foundation’s token issuer has completed its first GRVT token buyback, purchasing and burning 1.1 million GRVT tokens on the open market. The transaction permanently removed close to 1% of GRVT’s circulating supply at the time of purchase. It marks the first of five milestones ahead of the planned launch of Grvt 2.0 at the end of November 2026. <strong>A Discretionary Buyback with On-Chain Verification</strong> The Foundation’s token issuer intends to conduct further buybacks on a monthly basis. Each transaction remains entirely at the issuer’s discretion, with no predetermined purchase amount or guaranteed schedule. Buybacks are executed through an independent execution partner, with purchased tokens transferred to a designated burn address and permanently removed from circulation. The transactions can be independently verified through the <a href="https://grvt.io/exchange/buybacks" rel="nofollow noopener" target="_blank">>public buyback dashboard</a>, which records the number of tokens purchased and burned, the percentage of circulating supply represented, cumulative burns and on-chain transaction hashes. “The GRVT token is an important part of the ecosystem we are building,” said <strong>Hong, co-founder and CEO of Grvt</strong>. “We welcome the issuer’s buybacks as a demonstration of its long-term commitment to the ecosystem and community. Grvt is expanding its products and markets, and the issuer’s buybacks sit alongside that as a supportive mechanism aimed at reducing circulating token supply.” <strong>Grvt Outlines Four Product Milestones</strong> The announcement follows GRVT’s token generation event in July 2026 and precedes a series of planned launches. <strong>Grvt Earn, scheduled for the End of October,</strong> will introduce yield opportunities backed by tokenized assets, with target yields of up to 11%. Potential returns are expected to derive from underlying asset cash flows, including interest, premiums and invoice-related income. Asset-supplying partners will be announced at launch. Target yields are not guaranteed. <strong>Stable Funding Perps, scheduled for November,</strong> will introduce perpetual futures linked to commodities, stocks, foreign exchange and indices. The contracts are planned to carry zero trading fees and use once-daily funding. Grvt aims to list more than 1,000 markets by the end of December 2026. <strong>Yield as Margin, also scheduled for November,</strong> will allow eligible Grvt Earn balances to support trading positions while continuing to accrue yield, subject to applicable product terms
Flowtica Secures Tens of Millions in Funding: A Small E-Ink Screen on the Back of Your Phone Turns Meetings Directly into To-Do Lists
Flowtica has completed a new round of funding worth tens of millions of RMB, led by Vertex Capital, with existing shareholders including Source Code Capital, Five Source Capital, and Clear Water Bay Fund participating. The company's AI e-ink screen Verso, which debuted at the IFA exhibition in September this year, has opened deposit-based pre-orders and plans to deliver the first batch of products in early December. Verso is a 6.5mm-thick magnetic e-ink screen that can be attached to the back of a phone. During meetings, a single press enables recording, real-time transcription, and extraction of key points, and to-do items can be displayed directly on the screen. Verso's pre-order price in the United States is $199, with a regular list price of $299. Pre-orders require a $10 deposit, with the balance to be paid starting November 17.
Bitcoin is fluctuating around $83,000, while ZEC has risen 11%.
According to data from Bijie.com: Bitcoin is currently fluctuating around $83,000, and ZEC is leading the cryptocurrency market with an 11% gain after developers confirmed the date of the network upgrade. Meanwhile, earnings reports from SpaceX and Super Micro are driving Asian chip stocks higher.
Ethereum ETFs saw a net outflow of $26.12 million, with a net inflow of $6.846 million so far in 2026.
BiJie Network data: The latest data shows that as of October 20, net outflows from Ethereum ETFs were $26.12 million, with cumulative net outflows of $1.08 billion month-to-date, while net inflows year-to-date in 2026 stand at $6.846 million. Among them, BlackRock's $ETHA saw net outflows of $33 million, Grayscale Mini's $ETH saw net inflows of $3.25 million, and Fidelity's $FETH saw net inflows of $3.63 million.
Bitcoin ETF net inflows reached $23.19 million, with a cumulative total of $8.653 million so far in 2026.
Bitcoin ETF data: The latest data shows that as of October 20, the total net inflow of Bitcoin ETFs was $23.19 million, with a net outflow of $65.1 million month-to-date and a cumulative net inflow of $86.53 million year-to-date in 2026. Among them, BlackRock's IBIT had a net inflow of $29.9 million, Fidelity's FBTC had a net inflow of $3.58 million, Grayscale's GBTC and Mini BTC were both zero, Bitwise's BITB had a net outflow of $10.29 million, and ARK's ARKB, VanEck's HODL, Morgan Stanley's MSBT, Valkyrie's BRRR, Franklin's EZBC, Invesco's BTCO, and WisdomTree's BTCW were all zero.
BlackRock's Bitcoin ETF saw a net inflow of 363 BTC, bringing the month-to-date total to $884.5 million.
Biji Network data: BlackRock's Bitcoin ETF ($IBIT) recorded a net inflow of 363 BTC on October 20, equivalent to approximately $29.9 million at current prices, with trading volume reaching $1.5 billion. BlackRock currently holds a total of 811,478 BTC, with a cumulative net inflow of $884.5 million month-to-date and a net inflow of $4.09 billion year-to-date in 2026.
BTC contract long/short account ratio (October 21, 2026, 12:00) is 1.47
CoinWorld data: The BTCUSDT 4-hour long/short account ratio is 1.47, with more net long accounts than net short accounts. Compared with the same-caliber snapshot 24 hours ago, it is down 0.2498; compared with the same-caliber snapshot 7 days ago, it is up 0.1757.
South Korean retail investors have lost a combined $4.8 billion on leveraged ETFs.
According to a report by Cailianshe on October 21, retail investors in South Korea incurred combined losses of 6.31 trillion won (equivalent to 4.8 billion USD) on leveraged exchange-traded products tracking individual stocks. Data submitted by the Financial Supervisory Service of South Korea to an opposition lawmaker shows that between May 27 and August 14, retail investors at ten South Korean brokerage firms generated these losses on single-stock ETFs. The Financial Supervisory Service's methodology includes both realized gains and losses as well as unrealized losses on open positions. Of this, realized losses amounted to 2.32 trillion won, while unrealized losses totaled 3.99 trillion won. Investors in their 40s had the largest losses, with 165,200 accounts incurring combined unrealized losses of 2.05 trillion won; investors in their 50s had 158,000 accounts with combined losses of 1.87 trillion won; and investors in their 30s had 117,300 accounts with combined losses of 1.09 trillion won. In terms of average loss per account, older investors fared worse, with investors aged 70 and above losing an average of about 29.94 million won per account.
AI industry faces investor scrutiny as Elice plunges 32% on trading debut
According to CNBC, the AI boom may be entering a more severe phase, with investors increasingly questioning whether the billions of dollars being poured into data centers can translate into sustainable profits. The dismal listing of South Korean AI infrastructure provider Elice has become the latest warning signal, and investors may scrutinize ambitious expansion plans and paths to profitability more closely. On Tuesday, shares of the Seoul-based Neocloud company plunged 32% on their first day of trading, even though its initial public offering was priced at the top of the market range. On Wednesday, the stock rebounded by about 30%.
Over $23.2 million flowed into the U.S. spot BTC ETF market.
According to data from Bijie.com, more than $23.2 million flowed into the U.S. spot BTC ETF market yesterday, with net inflows reaching as high as $23.2 million. Among them, the largest inflow was IBIT, with a single-day net inflow of $29.9 million, followed by FBTC, with a total of $3.6 million. The data is for reference only.