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.
About 81,700 Bitcoin options worth $6.44 billion will expire on Deribit at 08:00 UTC Friday, with calls outnumbering puts at a 0.83 ratio. The largest concentrations are at $75,000 and $80,000 strike prices, close to Bitcoin's current market price ne...
Navitas Semiconductor reported a 22% sequential revenue increase and over 50% year-on-year growth in its high-power segment for Q2 2026. The company’s Q3 revenue guidance is 17% higher than previous estimates, driven by growing AI infrastructure sale...
Robinhood's stock rose 8.2% to $112.09 driven by Bitcoin's recovery above $80,000 and optimism over potential removal of U.S. day-trading restrictions, which could boost retail trading volumes. The company reported Q2 earnings of $0.62 per share, sur...
Intuit reported strong Q4 results, surpassing analyst expectations in revenue and adjusted EPS, driven by growth in QuickBooks, online services, and Credit Karma. Despite this, shares dropped 10.2% due to a slower growth outlook for fiscal year 2027,...
BlackRock has reduced the minimum Bitcoin value required for direct conversion into shares of its spot Bitcoin ETF, IBIT, from $25 million to $1 million, a 96% cut. This change makes the service more accessible to wealthy investors and institutions h...
