US spot Bitcoin ETFs now hold about $78 billion in assets, with BlackRock's iShares Bitcoin Trust (IBIT) controlling $47.5 billion, or roughly 61% of all Bitcoin in US spot ETFs. Since its launch in January 2024, IBIT has attracted $50-$63 billion in net inflows, highlighting strong institutional demand. This concentration means over 5.7% of Bitcoin's circulating supply is locked in regulated ETFs, impacting market dynamics and liquidity risks. Investors should note the dominance of BlackRock and consider alternatives like Fidelity's FBTC to diversify ETF exposure.
Bridger Aerospace reported a Q2 loss of $0.13 per share, missing the expected $0.01 loss, with revenue slightly down 1% year-over-year but up 16% excluding non-recurring work. Despite weaker profitability and a net loss of $0.5 million, the company m...
Cantor Fitzgerald downgraded Monday.com from Overweight to Neutral due to concerns about its near-term growth. The company forecasted third-quarter revenue of $368-370 million, below Wall Street's $372.8 million expectation, causing a stock drop. Des...
Hims & Hers Health, Inc. reported a second-quarter 2026 earnings per share (EPS) loss of $0.10, missing the expected loss of $0.05. However, the company exceeded revenue expectations with $753.21 million, above the $698.89 million estimate, driven by...
Shares of Bowman Consulting, Varex Imaging, and MarineMax jumped significantly after each announced all-cash acquisition agreements valued between $1 billion and $1.5 billion. Bowman Consulting agreed to be acquired by Bernhard Capital Partners for $...
Several companies including INNOVATE Corp., Lincoln Educational, and Bitdeer Technologies saw their stock prices drop by more than 20% despite reporting strong revenue growth and positive operational results. INNOVATE Corp. led the decline with a 39....
