BlackRock's spot Bitcoin ETF experienced a significant sell-off with investors withdrawing $317.1 million during a broader decline in the cryptocurrency market. This reflects growing caution among institutional investors as Bitcoin and Ethereum prices face volatility, with Bitcoin dropping below $78,000. Despite the outflows, BlackRock remains a major Bitcoin holder, controlling nearly $64.34 billion in BTC. The sell-off ended a six-week inflow streak for Bitcoin ETFs, signaling potential weakening momentum in crypto investments.
The US government is actively negotiating to take equity stakes in AI companies like OpenAI and Anthropic ahead of their planned IPOs, following a precedent set by its investment in Intel. This move aims to give the public a share in AI-driven growth...
Trulieve Cannabis Corp. made history by becoming the first U.S. cannabis company to list on the New York Stock Exchange under the ticker TRLV. This milestone was enabled by the Trump administration's reclassification of cannabis to Schedule III for m...
Helius, a Solana infrastructure company, has acquired Light Protocol to develop advanced privacy solutions on the Solana network. The acquisition aims to integrate Light Protocol's zero-knowledge cryptography expertise with Helius's infrastructure to...
Arbitrum is set to release 92.65 million ARB tokens worth $7.6 million on June 16, a move that highlights the platform's struggle to convert network activity into token holder value. Despite strong fundamentals and high transaction volumes, Arbitrum'...
West Fraser Timber Co. Ltd. announced a quarterly dividend of US$0.32 per share on its Common and Class B Common shares. The dividend will be paid on July 13, 2026, to shareholders of record as of June 25, 2026. Shareholders have the option to receiv...
