U.S. spot Bitcoin ETFs experienced a record 13-day streak of outflows totaling $4.4 billion, driven mainly by large issuer dynamics, especially BlackRock's IBIT. Despite this, the total assets under management reset to levels last seen in November 2024, masking ongoing demand as capital rotated into alternative crypto funds such as XRP ETFs, which saw fresh inflows nearing $1.5 billion. Structural factors like legacy trust tax lots, fee differences, and redemption mechanics contribute to misleading headline outflow figures, indicating that the market is optimizing exposure rather than abandoning crypto. Investors should focus on issuer-level flows and category breadth to understand true demand and rotation within the crypto ETF space.
STMicroelectronics announced a $1.5 billion issuance of new convertible senior bonds in two tranches, with maturities of 5 and 7 years, alongside the early repayment of $750 million of zero-coupon convertible bonds due in 2027. The new bonds offer fi...
Regentis Biomaterials shares surged over 500% intraday before falling 9.15% in after-hours trading following the company's announcement that it withdrew its Registration Statement for a public offering. The regenerative medicine firm decided not to p...
Elon Musk's SpaceX recently went public, raising questions about a potential IPO for its Starlink subsidiary. Data from prediction market Kalshi shows only a 7-10% chance of a Starlink IPO announcement before mid-2027. Meanwhile, Musk predicts SpaceX...
Goodfirms has published its 2026 rankings of top technology service providers across six categories: mobile app, software, web development, digital marketing, SEO, and AI development. These rankings are based on over 1.2 million verified client revie...
Alvotech announced a $152 million public offering and concurrent private placement of ordinary shares priced at $3.75 each. The public offering includes 22.7 million shares, with an option for underwriters to buy an additional 3.4 million shares. The...
