October 26, 2026

The week in three charts

1. 1 of 3

   6 insiders bought RAPP shares on the open market, $1.7 million in all

   $1.7M25 Oct

   0

   $1.7M

   9 Aug25 Oct

   RAPP (Rapport Therapeutics): 6 insiders bought on the open market for $1.7 million in total. Data

2. 2 of 3

   Net inflow of $453 million across three spot bitcoin ETFs (IBIT, BITB, ARKB)

   $453Mweek to 23 Oct

   $16.6M

   0

   $675M

   -$269M

   12 Oct23 Oct

   Spot BTC ETFs (IBIT, BITB, ARKB, from the issuers' own holdings files): net inflow of $453 million for the week to October 23, 2026. Data

3. 3 of 3

   Leveraged funds' net long in 30-Day Federal Funds grew by 231,272 contracts

   376,169 contractsnet long, 20 Oct

   1,543 long

   0

   376,169 long

   106,026 short

   4 Aug20 Oct

   30-Day Federal Funds: leveraged funds' net long grew by 231,272 contracts, to 376,169 (COT of October 20, 2026). Data

Insiders

Form 4 filings, open-market transactions only.

• RAPP (Rapport Therapeutics): 6 insiders bought on the open market for $1.7 million in total. Data
• CHCO (City Holding): 4 insiders bought on the open market for $68 thousand in total. Data
• NXG (NXG NextGen Infrastructure Income Fund): 3 insiders bought on the open market for $526 thousand in total. Data
• Largest open-market buy: GXVIX, $25 million by Global X Management Company, 10% owner on October 19, 2026. Data
• Largest open-market sale: TALO, $39 million by Control Empresarial de Capitales S.A. de C.V., 10% owner, Add'l Rep. Persons-see Ex.99-1 on October 19, 2026. Data

Money flows

Issuer holdings files, the Federal Reserve Board's H.4.1 and the New York Fed, TreasuryDirect results.

• Spot BTC ETFs (IBIT, BITB, ARKB, from the issuers' own holdings files): net inflow of $453 million for the week to October 23, 2026. Data
• Spot ETH ETFs (ETHA, ETHW, from the issuers' own holdings files): net outflow of $233 million for the week to October 23, 2026. Data
• Fed net liquidity (balance sheet less reverse repo and the Treasury account): $5.80 trillion as of October 21, 2026, down $71 billion on the week. Data
• Weakest Treasury auction of the week: the 5-Year TIPS on October 22, 2026, bid-to-cover 2.41, high yield 2.367%. Data

Positioning

CFTC Commitments of Traders, exchange funding rates.

• 30-Day Federal Funds: leveraged funds' net long grew by 231,272 contracts, to 376,169 (COT of October 20, 2026). Data
• 3-Month SOFR: leveraged funds' net short grew by 127,533 contracts, to 2,373,040 (COT of October 20, 2026). Data
• 10-Year U.S. Treasury Notes: leveraged funds cut their net short by 98,713 contracts, to 2,107,224 (COT of October 20, 2026). Data
• Most extreme funding rate at the weekend: PEPE on Kraken, -0.108% per 8 hours (-118% annualised). Data

The week ahead

Release times from the agencies' schedules; earnings dates are estimated until each company's 8-K confirms the date.

• Tuesday 12:30 UTC: Durable Goods Orders (Advance). Data
• Tuesday 14:00 UTC: New Home Sales. Data
• Wednesday 18:00 UTC: FOMC Rate Decision. Data
• Thursday 12:30 UTC: Personal Income and Outlays (PCE). Data
• Thursday 12:30 UTC: Initial Jobless Claims. Data
• Thursday 12:30 UTC: GDP (Advance Estimate), 3rd Quarter 2026. Data
• Friday 12:30 UTC: Employment Cost Index. Data
• Earnings expected this week (estimated): SOFI (Tuesday), RKT (Thursday), RIG (Wednesday), CDE (Wednesday), AUR (Tuesday), AAPL (Thursday). Data