Bitcoin spot ETFs experienced $1.79 billion in net outflows for the week ending June 26, marking the second-largest weekly redemption since their January 2024 debut. This outflow is part of a seven-week consecutive streak, the longest since these ETFs launched. BlackRock's IBIT fund led the withdrawals with $1.3 billion, reflecting diminished institutional interest amid Bitcoin's price hovering around $60,000 and a broader crypto market decline. This sustained outflow contrasts with previous short-lived drops, signaling potential ongoing investor caution.
The Rosen Law Firm has announced an investigation into Putnam Investment Management, LLC for potentially issuing misleading business information to investors in its stock-based mutual funds. Investors who purchased these funds might be eligible for c...
Conagra Brands, known for its high 10% dividend yield, faces uncertainty as its new CEO takes charge. The company is dealing with slowing growth and significant debt, prompting investors to worry about a potential dividend cut. The new CEO may priori...
Bitwise has staked 1.775 million HYPE tokens, worth about $114 million, on the Hyperliquid exchange, reinforcing its position since launching the Bitwise Hyperliquid ETF (BHYP) in May. The ETF directs 10% of its fees to buying and staking HYPE, linki...
Grayscale's research head Zach Pandl suggests that Strategy, led by Michael Saylor, might need to sell around $3 billion worth of Bitcoin to cover its $1.5 billion annual dividend obligations. This sale, though large, could actually help stabilize ma...
The Rosen Law Firm has announced an investigation into potential securities claims for shareholders of Strategy Inc. due to allegations that the company provided materially misleading business information. Investors who purchased Strategy securities ...
