On July 24, U.S. spot Bitcoin and Ethereum ETFs experienced a combined net outflow of approximately $310.62 million, driven mainly by BlackRock's IBIT and ETHA products. Bitcoin ETFs accounted for about $240.1 million of the outflows, with BlackRock's IBIT alone responsible for $212 million. Ethereum ETFs saw around $70.7 million in redemptions, largely from BlackRock's ETHA. These outflows coincided with rising geopolitical tensions related to U.S.-Iran relations and a sell-off in equity markets, prompting institutional investors to reduce risk exposure. The outflows reversed a recent recovery trend in Bitcoin ETF flows, signaling cautious sentiment among institutional investors. For Ethereum ETFs, the significant outflow represents a notable move given their smaller asset base. ETF flow data is a key indicator of real institutional capital movement, making these outflows a meaningful signal for market watchers.
dsm-firmenich announced a strong Q3 2026 trading update with 5% like-for-like sales growth and an improved Adjusted EBITDA margin of 20.4%. The company’s performance was driven by volume growth across its three business units: Perfumery & Beauty, Tas...
STMicroelectronics announced a unified STM32 microcontroller platform that spans industrial, automotive, and robotics applications, enabling developers to reuse architectures, software, and tools across these sectors. The new STM32A family extends th...
Solvay's Q3 2026 underlying net sales fell 3.3% organically to €1,031 million, impacted by the Middle East conflict and weak soda ash markets. EBITDA dropped 26.6% organically to €173 million, partly due to a €25 million impact from the conflict and ...
Milestone Pharmaceuticals announced the grant of 33,000 stock options to a newly hired employee as an inducement under Nasdaq Listing Rule 5635(c)(4). The options, priced at $0.72 each, will vest over four years with a one-year cliff and monthly inst...
Bitcoin initially dropped below $76,000 following reports of a Democratic sweep in Congress but quickly recovered its losses within hours. The market reaction was influenced by the potential impact of the CLARITY Act, which aims to clarify regulatory...
