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SpaceX perpetual futures become Binance's 2nd largest product with $5.6B daily volume post-Nasdaq debut

Market News
16 Jun 2026
Crypto news
View Source
Bullish
pluang ai news

SpaceX perpetual futures on Binance have surged to become the exchange's second-largest futures product by trading volume, generating over $5.6 billion in 24-hour activity following SpaceX's Nasdaq debut. The SPCXUSDT contract has recorded more than $9 billion in combined trading volume, reflecting strong retail investor demand for crypto-based exposure to prominent public companies. Binance leads trading activity and open interest for this contract, which transitioned from a pre-IPO to a standard perpetual futures product after SpaceX's public listing. This growth highlights increasing interest in equity-linked crypto products, especially from users without easy access to U.S. stock markets, as Binance expands its offerings in tokenized securities and fractional stock trading.

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Investigations launched into merger deals of Simulations Plus, Roku, TruBridge, and Organon over fair value concerns.

Investigations launched into merger deals of Simulations Plus, Roku, TruBridge, and Organon over fair value concerns.

Brodsky & Smith LLC has announced investigations into the merger agreements of Simulations Plus, Roku, TruBridge, and Organon. The investigations focus on whether the respective company boards breached their fiduciary duties by not ensuring a fair pr...

Market News
Bearish
1 hour ago
Jeppesen ForeFlight gains top DoD cybersecurity clearance for military aviation use.

Jeppesen ForeFlight gains top DoD cybersecurity clearance for military aviation use.

Jeppesen ForeFlight has received the Department of Defense Impact Level 5 (IL5) Authority to Operate, the highest cybersecurity clearance for unclassified cloud systems. This authorization allows military and defense organizations to use ForeFlight f...

Market News
Bullish
1 hour ago
Sun Life Global Investments announces June 2026 cash distributions for several ETF series.

Sun Life Global Investments announces June 2026 cash distributions for several ETF series.

Sun Life Global Investments declared cash distributions for June 2026 for its exchange-traded fund (ETF) series. Unitholders of record on June 23, 2026, will receive payments on June 30, 2026, with distribution amounts ranging from CAD 0.075 to CAD 0...

Company Fundamentals
Neutral
2 hours ago
Parsons stock rises after winning $1.1-$1.4B contracts for John A. Blatnik Bridge project

Parsons stock rises after winning $1.1-$1.4B contracts for John A. Blatnik Bridge project

Parsons Corporation's stock increased following the award of design and construction oversight contracts for the John A. Blatnik Bridge replacement project, valued between $1.1 billion and $1.4 billion. The project, led by the Minnesota and Wisconsin...

Market News
Bullish
3 hours ago
Capital Link Shipping launches new CEO insights on tanker markets, maritime resilience, and capital markets.

Capital Link Shipping launches new CEO insights on tanker markets, maritime resilience, and capital markets.

Capital Link Shipping has expanded its Maritime Intelligence Hub with new executive insights from leaders at Scorpio Tankers, DHT Holdings, d’Amico International Shipping, and others. These discussions cover market trends in crude oil and product tan...

Market News
Bullish
3 hours ago
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