Spot Bitcoin ETFs experienced over $2 billion in outflows during a two-week period in late May and early June 2026, driven mainly by BlackRock’s IBIT fund. This followed a 13-day streak of redemptions totaling about $4.4 billion, coinciding with Bitcoin’s price decline from above $80,000 to between $60,000 and $73,500. The outflows reflect a mix of profit-taking, shifting market sentiment, geopolitical tensions, and rising Treasury yields, but represent only about 2% of total assets under management, indicating most investors remain committed. By early July, selling pressure eased with a modest inflow, suggesting a potential floor for Bitcoin ETF demand and highlighting these ETFs as a real-time gauge of institutional sentiment.
The MARS2 Multimodal Reasoning Competition, sponsored by Tec-Do and MiniMax, has been officially launched to coincide with the ECCV 2026 conference. With a $100,000 prize pool, the competition challenges AI models to perform complex, open-world reaso...
ProQR Therapeutics has successfully demonstrated human pharmacological activity using its RNA editing platform, particularly with AX-0810 in Phase 1 trials. The company focuses on treating rare pediatric liver disease, biliary atresia, aiming for a f...
A newly created Ethereum wallet has accumulated $41.5 million worth of Wrapped Bitcoin (WBTC) and Ether (ETH), currently showing an unrealized gain of $3.59 million. This wallet, with no prior transaction history, suggests a fresh capital deployment ...
Robinhood Chain, a new Ethereum-compatible Layer 2 built on Arbitrum, has seen a tenfold increase in ETH bridging from Ethereum mainnet within days of its public launch around July 1, 2026. This surge indicates strong user commitment to the chain, wh...
MercadoLibre's stock has fallen about 30%, but the company shows strong growth, especially in Brazil, with its $20 billion quarterly GMV growing at a mid-30% rate. Its fintech division, MercadoPago, significantly boosts total revenue by driving trans...
