U.S. spot bitcoin ETFs experienced their worst month ever in June, with $4.5 billion in net outflows, surpassing the previous record of $3.48 billion in February 2025. BlackRock's IBIT, the largest bitcoin ETF by assets, accounted for $3.55 billion of these outflows, including $212 million on June 30 alone. Total assets under management in these ETFs dropped from about $83 billion at the start of June to roughly $71 billion by month-end. The outflow trend may have been influenced by two key events: the highly successful debut of SpaceX's stock on June 12, which attracted massive retail investment, and the Federal Reserve's June meeting under new chair Kevin Warsh, which signaled a shift toward interest rate hikes and removed expectations for rate cuts, prompting institutions to reduce exposure to volatile assets like bitcoin ETFs.
SPIE, a European leader in energy and communication services, has agreed to acquire a 76% stake in SAR ANLAGENBAU GmbH, a key electrical engineering and automation firm in Austria and Germany. This acquisition will broaden SPIE's service portfolio in...
SPIE, a leading European multi-technical services provider, has signed an agreement to acquire a 76% stake in SAR ANLAGENBAU GmbH, a major electrical engineering and automation firm based in Austria and Germany. This acquisition will enhance SPIE's p...
Blockchain.com has launched TRX options trading, providing easier access to TRON's native token through its platform. This move expands the TRON ecosystem's reach by simplifying options trading for retail and institutional users worldwide. TRON, know...
The global dermatological therapeutics market is projected to grow from about $43 billion in 2025 to $97 billion by 2034, with a compound annual growth rate of around 10%. This growth is fueled by increasing cases of acne, psoriasis, and other chroni...
Presidio was named Enterprise Partner of the Year and Software and Services Partner of the Year for the Americas at the Cisco Partner Summit 2026. These awards recognize partners who excel in service and innovation, helping customers succeed through ...
