US spot Bitcoin ETFs attracted nearly $1.92 billion in net inflows over the week ending August 22, marking their strongest weekly inflow since October 2025. This surge coincided with Bitcoin's price rally of 18% to 25%, testing levels near $80,000. BlackRock's iShares Bitcoin Trust (IBIT) led the inflows, especially on August 20 when it captured $503 million, or 83% of that day's total ETF inflows. Since their launch in January 2024, these ETFs have accumulated about $53.7 billion in net inflows, with total assets under management reaching roughly $96.1 billion. Spot Ether ETFs also saw significant inflows of $697 million during the same period.
eBay CEO Jamie Iannone has sold company shares worth $2.3 million. This sale comes as eBay's stock has delivered a 12% return over the past year. The move may reflect personal financial planning or confidence in the company's current valuation. Inves...
Bitcoin has regained the $80,000 level, signaling a potential new bull cycle after about a year of consolidation above $60,000, a period often called a "Bitcoin winter." Jurrien Timmer from Fidelity highlights two key signals: Bitcoin's sustained res...
Qualcomm and Analog Devices, two semiconductor companies, are close to reaching a $200 billion market capitalization driven by strong growth in AI, automotive, and data center markets. Qualcomm’s market cap is about $189.81 billion, with key growth i...
California Attorney General Rob Bonta is leading efforts to block the proposed $110 billion merger between Paramount and Warner Bros. Discovery, citing concerns over reduced competition and excessive market power. Actor Mark Ruffalo has publicly urge...
Rayonier has become a larger and more diversified timberland and wood products REIT after merging with PotlatchDeltic. Despite higher leverage following the merger, Rayonier's strong profit margins, stable real estate segment, and a 5.16% dividend yi...
