On September 4, US spot Bitcoin ETFs attracted $175 million in net inflows, while Ethereum ETFs gained $26.46 million, continuing a positive trend in institutional crypto interest. These inflows follow a record $731 million Bitcoin ETF inflow on September 3, led by BlackRock's IBIT fund. Since their launch in January 2024, Bitcoin ETFs have amassed $55.44 billion in net inflows, with assets totaling $103.34 billion, about 6.3% of Bitcoin's market cap. Ethereum ETFs have $13.17 billion in cumulative inflows and $15.92 billion in assets under management. The recent inflows coincide with Bitcoin trading above $80,000 and Ethereum surpassing $2,500, supported by dovish Fed commentary encouraging risk-taking.
Randstad reported revenue and earnings that exceeded expectations, driven by improving business trends and key labor markets. This positive performance signals momentum in the employment services sector. RBC Capital maintained a 'Sector Perform' rati...
MSC Industrial Supply reported strong Q4 results with revenue rising 10.3% year-over-year to about $1.08 billion, surpassing estimates. Adjusted earnings per share increased to $1.45 from $1.09, also beating expectations. Full-year sales grew 6.4% to...
ARMOUR Residential REIT reported a $327 million net loss for Q3 2026, driven by higher interest rates that reduced its book value by 17% to $14.55 per share. Despite the loss, the company earned $83.7 million in net interest income and $102.3 million...
Southern Company, an electric and gas utility, clarified it has no connection to a Mexican silver mining project, dispelling recent rumors. HSBC initiated coverage of Southern Company with a Buy rating, with shares trading at $90.39 at the time. The ...
Remittix is set to add 41 new fiat currencies to its PayFi ecosystem, enhancing crypto-to-bank and bank-to-crypto transactions globally ahead of its November 24 RTX launch. This expansion aims to support more international markets and users, includin...
