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.
Alignment Health Plan introduced Central Health Harmony, a new Medicare Advantage plan starting January 1, 2027, targeting Asian American seniors in Los Angeles and Orange counties. The plan offers access to over 600 physicians who speak Chinese, Kor...
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Hasbro announced the fourth annual Women Innovators of Play Design Challenge, accepting submissions from October 15 to November 20, 2026. The program now includes year-round in-person networking events alongside the design competition, aiming to conn...
Micas Networks introduced three new 102.4 Tbps open Ethernet switch platforms based on Broadcom Tomahawk 6 technology, designed to enhance AI factory networks. The portfolio includes air-cooled 800G, liquid-cooled 1.6T, and co-packaged optics (CPO) s...
Ferrari N.V. has repurchased 43,000 of its common shares on Euronext Milan as part of the third tranche of its multi-year €3.5 billion share buyback program announced in 2025. The recent purchases, totaling nearly €14.8 million, are part of a broader...
