U.S. spot Bitcoin ETFs experienced a net outflow of $85 million on Wednesday, ending a three-day inflow streak totaling about $509 million. Major Bitcoin funds like BlackRock's IBIT, Grayscale's GBTC, and Fidelity's FBTC all saw significant outflows, while Grayscale's mini BTC fund was the only one with inflows. Meanwhile, Ether ETFs continued their positive trend with $70 million in inflows, led by Fidelity's FETH. Bitcoin ETF assets dropped to around $75 billion, while Ether ETF assets remain at about $9 billion. This shift aligns with recent price movements, as Bitcoin and Ether both fell about 3% on the day, but Ether has outperformed Bitcoin over the past two weeks due to renewed ETF demand and developments like the Lean Ethereum roadmap.
Amazon's stock surged 14% following a better-than-expected earnings report, significantly increasing Jeff Bezos' net worth by $25 billion. The strong financial performance highlights Amazon's continued growth and market strength. Investors are now ev...
Shopify reported strong growth in gross merchandise volume (GMV) and margin expansion in Q2 2026, driven by its AI-powered Merchant Solutions platform. Innovations like Shopify Magic and Sidekick are enhancing merchant productivity and supporting rev...
Meta Platforms has been downgraded from BUY to HOLD with a price target of $631, reflecting a modest upside of 6.6%. The downgrade follows Meta's recent underperformance, driven by its failure to provide clear demand signals amid rising capital expen...
Shiba Inu (SHIB) experienced a significant surge in its token burn rate, increasing by 439.79% with over 10.6 million SHIB tokens burned in the last 24 hours. This sharp rise contributed to a total of 173.37 million tokens burned over the past week a...
Zevia PBC is rated a Strong Buy with a $3 price target, over 100% above its current price of around $1.45. The company shows strong 20% buy rate growth and loyal customers, but stagnant household penetration suggests distribution issues rather than l...
