# Trenches Today — October 12, 2026

Canonical edition: https://trenchestoday.xyz/editions/2026-10-12
Published: 2026-10-12T05:03:26.777Z
Updated: 2026-10-12T05:03:26.777Z
Edition: 20261012
Revision: 1
Content hash: 4adaa2c44495500a53401530037c905d5c6932356ff77354198330ed39c335ee

> US-listed Bitcoin, Ethereum, and Solana ETFs recorded weekly outflows during the week ended Oct. 9, 2026, with Bitcoin ETFs losing $681.1 million, Ethereum products shedding $542.07 million, and Solana funds losing $24.81 million.

## Lead story: Ether ETFs extend outflow streak to nine days as Solana funds snap record 14-week inflow run

US-listed Bitcoin, Ethereum, and Solana ETFs recorded weekly outflows during the week ended Oct. 9, 2026, with Bitcoin ETFs losing $681.1 million, Ethereum products shedding $542.07 million, and Solana funds losing $24.81 million.

- US-listed Bitcoin, Ethereum, and Solana ETFs recorded weekly outflows during the week ended Oct. 9, 2026, with Bitcoin ETFs losing $681.1 million, Ethereum products shedding $542.07 million, and Solana funds losing $24.81 million.

Original source: [the-block](https://www.theblock.co/news/markets/2026-10-10-ether-etfs-extend-outflow-streak-to-nine-days-as-solana-funds-snap-record-14-week-inflow-run-418215)

## Complete edition

### Ethereum & L2

#### Ethereum L2 Starknet Jumps 20% After Saying It Wants to Become an L1 - Decrypt

Topic: Ethereum & L2 · Signal: rails

Starknet token STRK traded near $0.073 on Friday, up about 20% in 24 hours, following reports that the network is considering becoming an independent Layer-1 blockchain by 2027.

Edition link: https://trenchestoday.xyz/editions/2026-10-12#story-story_68b158af07962be94ffa
Original source: [decrypt](https://decrypt.co/380585/ethereum-l2-starknet-jumps-20-after-saying-it-wants-to-become-an-l1)

### Regulation & Policy

#### Thailand opens door to locally listed bitcoin and ether ETFs

Topic: Regulation & Policy · Signal: rails

Thailand's new crypto rules taking effect Oct. 16 allow Thai asset managers to launch crypto ETFs on the local stock exchange, with bitcoin and ether initially eligible.

Edition link: https://trenchestoday.xyz/editions/2026-10-12#story-story_b1b074001e90f50dc911
Original source: [coindesk](https://www.coindesk.com/policy/2026/10/09/thailand-opens-door-to-locally-listed-bitcoin-and-ether-etfs)

### Industry & Other

#### Trump administration outlines quantum, AI initiatives in $6B science push

Topic: Industry & Other · Signal: rails

The White House outlined a $215 million quantum computing competition and $2.4 billion in AI industry commitments.

Edition link: https://trenchestoday.xyz/editions/2026-10-12#story-story_4fc3aab0ce65bfe57c62
Original source: [cointelegraph](https://cointelegraph.com/news/trump-administration-quantum-computing-ai-6-billion-science-push)

#### Crypto Biz: Wealthy investors are buying crypto, but their advisers aren’t sold

Topic: Industry & Other · Signal: rails

Wealthy investors are adopting crypto faster than their financial advisers according to industry reports.

Edition link: https://trenchestoday.xyz/editions/2026-10-12#story-story_f4fd8e3dcaedae25fa0c
Original source: [cointelegraph](https://cointelegraph.com/news/wealthy-investors-crypto-advisers-okx-strategy-buybacks)

#### Former FTX COO says Netflix’s ‘Altruists’ trailer ‘made me physically throw up’

Topic: Industry & Other · Signal: rails

Former FTX COO Constance Wang criticized Netflix's 'The Altruists' trailer regarding its portrayal of FTX's collapse.

Edition link: https://trenchestoday.xyz/editions/2026-10-12#story-story_260698360a71029ae512
Original source: [the-block](https://www.theblock.co/news/business/2026-10-09-former-ftx-coo-netflix-the-altruists-trailer-418208)

#### Tech chief says EU can fend off rogue AI risk: Report

Topic: Industry & Other · Signal: rails

Global concerns have emerged following incidents at OpenAI and Anthropic regarding rogue AI risks.

Edition link: https://trenchestoday.xyz/editions/2026-10-12#story-story_c3bdae5631a384819263
Original source: [cointelegraph](https://cointelegraph.com/news/tech-chief-says-eu-can-fend-off-rogue-ai-risk-report)

## Corrections

No corrections recorded for this revision.

## Use and attribution

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