U.S. spot Bitcoin and Ethereum ETFs experienced net outflows for the seventh consecutive day on June 26, with Bitcoin ETFs alone shedding $445 million in a single session. Blackrock's iShares Bitcoin Trust (IBIT) accounted for nearly all of the Bitcoin outflows, marking its largest single-day redemption since its 2024 launch. Ether ETFs also faced continuous withdrawals, signaling broad institutional caution amid macroeconomic uncertainty and fluctuating Federal Reserve rate expectations. The ongoing outflows raise questions about the durability of institutional demand as July approaches, with market watchers closely monitoring whether the trend will reverse.
Cadillac Mines Corporation announced the pricing and upsizing of its initial public offering (IPO) to approximately CA$385 million, selling 47.1 million common shares at CA$6.90 each and 6.3 million special accretive shares at CA$9.52 each. The incre...
Cadillac Mines Corporation has priced and upsized its initial public offering to $385 million, selling 47.1 million common shares at $6.90 each and 6.3 million special flow-through shares at $9.52 each. The offering includes a treasury sale raising a...
Coinbase has launched support for Injective's native INJ token, enabling users to trade, deposit, and withdraw the token directly on the exchange. This update allows transfers on Injective's own network, enhancing user control and flexibility beyond ...
Silgan Holdings is maintained at a 'hold' rating due to revenue growth being offset by stagnant profits and cash flows. Although the company's valuation appears cheap, it is not attractive compared to its packaging industry peers, limiting potential ...
Bitcoin remained stable around $65,400 during Asian trading despite a massive $797 billion drop in value among major U.S. tech stocks, known as the Magnificent Seven, due to concerns over heavy AI infrastructure spending. This selloff dragged the S&P...
