U.S. spot Bitcoin ETFs experienced $648.64 million in net outflows on May 18, following $290.42 million outflows on May 15, indicating a short-term defensive shift among institutional investors. BlackRock's IBIT fund led the withdrawals with $448.36 million redeemed, showing that even the largest and most liquid Bitcoin ETF is affected by changing sentiment. Despite these outflows, cumulative net inflows remain strong at $57.69 billion, highlighting ongoing long-term institutional interest. Trading volumes remain high, suggesting active repositioning rather than a broad exit from Bitcoin exposure, with ETFs now controlling over 6.5% of Bitcoin's market capitalization and serving as a key indicator of market risk appetite.
U-BX Technology's stock fell 15.6% in after-hours trading following the announcement of a 1-for-25 reverse stock split effective Friday. The move will reduce the number of outstanding shares significantly to maintain Nasdaq listing compliance. The co...
Defence Therapeutics has enhanced its internal capabilities in purification, analytical characterization, conjugation development, and quality control to advance its ACCUM-enabled Antibody Drug Conjugates (ADC) pipeline. The company acquired new equi...
Kornit Digital reported first quarter results that exceeded analyst expectations and provided a Q2 revenue forecast above estimates, signaling strong sales momentum. However, gross margins fell to a two-year low due to tariffs, currency challenges, a...
American Pacific Mining has begun a field reconnaissance and surface sampling program at its Red Hill Gold Project in Nevada to enhance geological understanding and gather geochemical data. Early findings include a significant jasperoid outcrop with ...
The Czech National Library of Technology has chosen Clarivate to implement a new cloud-based library services and discovery platform under a ten-year agreement. This platform, built on Clarivate's Alma and Primo systems, aims to modernize academic an...
