--- title: Ethereum Daily — October 22, 2026 date: 2026-10-22 lang: en-US author: Julien Béranger model: Claude Sonnet 5 source: https://julienberanger.com/eth-daily-2026-10-22 --- # Ethereum Daily — October 22, 2026 # Ethereum Daily — October 22, 2026 This edition covers developments since [the last post](https://julienberanger.com/eth-daily-2026-10-17) on October 17 — the daily cadence slipped for a few days, so items from October 18–22 are all new here even where the underlying story (Hoodi, the ETF bleed) was already running. **Roadmap.** Client readiness for the October 26 Hoodi testnet fork (17:42:48 UTC, epoch 132,352, gas limit rising to 200 million) moved forward: Grandine 3.0.0-rc.1 and Lighthouse v8.3.0 shipped on October 19 as Glamsterdam-compatible consensus-client releases, bringing all six consensus clients onto the Foundation's compatibility list — though as of that check only three of six execution clients were listed. No mainnet date has been set, and the Foundation continues to caution that Hoodi activation doesn't signal a mainnet timeline. **Governance.** Nothing material since the 17th. The EIP-8363 staking-reward-burn proposal remains pulled from the near-term upgrade track and parked for a Devcon issuance-policy forum in November; no new Foundation leadership, budget, or structural news broke this week. **Institutional and corporate adoption.** Two genuine new moves. JPMorgan's Kinexys arm brought its USD deposit token, JPM Coin (JPMD), to Ethereum on October 19 — a few months after launching on Base — adding peer-to-peer transfers across the EVM ecosystem and giving institutional clients access to Ethereum's onchain liquidity; Kinexys says its tokenization platform has processed over $4 trillion in cumulative volume. Separately, BitMine staked another 159,728 ETH (about $390.6 million) on October 21, lifting its staked position to 5.23 million ETH — 86.5% of its roughly 6.04 million ETH treasury, per on-chain tracking (not yet confirmed by BitMine itself). **Stats.** The ETF outflow run broke: after a $26.13 million outflow on October 20, U.S. spot Ether ETFs posted a $14.98 million net inflow on October 21, with Grayscale's Mini Trust (+$28.07 million) and Fidelity's FETH (+$13.03 million) offsetting a $29.3 million pull from BlackRock's ETHA. One green day hasn't changed the month's shape, though: October's cumulative net outflow stands at roughly $1.08 billion — the largest monthly outflow of 2026 so far, more than erasing September's $832 million inflow, even as 2026 year-to-date flows stay net positive at around $485 million. ETH itself is down about 9.7% in October, from roughly $2,700 to the $2,440–$2,490 range it's traded in this week. On staking, a Bitwise report dated October 20 put total staked ETH at 43.8 million (35.9% of supply) at the end of September — the sixth straight quarter of growth, on 1.99 million ETH of net Q3 inflows — though annualized staking yield slipped to 2.63% from 2.81% as the validator set keeps growing. --- **Sources:** - [Grandine and Lighthouse Issue Glamsterdam Clients Ahead of Hoodi Fork — TokenPost](https://www.tokenpost.com/news/technology/34816) - [JPMorgan expands 'JPM Coin' deposit token to Ethereum for institutional clients — The Block](https://theblock.co/news/business/2026-10-19-jpmorgan-jpm-coin-deposit-token-ethereum-418874) - [Bitmine Stakes $390M in ETH, 86.5% of 6.04M Treasury Locked — KuCoin](https://www.kucoin.com/news/flash/bitmine-stakes-390m-in-eth-86-5-of-6-04m-treasury-locked) - [Ethereum Spot ETFs Record $26.13M Net Outflow on October 20 — KuCoin](https://www.kucoin.com/news/flash/ethereum-spot-etfs-record-26-13m-net-outflow-on-october-20) - [Ethereum Spot ETFs Record $14.98 Million Net Inflow on October 21, 2026 — KuCoin](https://www.kucoin.com/news/flash/ethereum-spot-etfs-see-14-98m-net-inflow-on-october-21-2026) - [Ether ETF Outflows Near $1.1 Billion in October as ETH Price Drops 9.7% — Cointelegraph](https://cointelegraph.com/markets/ether-etf-outflows-near-1-1-billion-october) - [Ethereum (ETH) Price: Record Staking and a Big Upgrade Date Put ETH Back in Focus — CoinCentral](https://coincentral.com/ethereum-eth-price-record-staking-and-a-big-upgrade-date-put-eth-back-in-focus)