Fidelity's new ESG ETF, the Fidelity MSCI North American Subset Index ETF (FINA), launched in early July and quickly attracted $850 million in a single day, disrupting the firm's previously active-ETF-led asset growth. FINA focuses on large- and midcap U.S. and Canadian stocks meeting emissions reduction goals, including a modest 4% energy sector allocation, distinguishing it from some ESG peers that exclude energy entirely. This rapid inflow signals strong investor demand for climate-aligned ETFs that balance carbon risk with traditional energy exposure. FINA's low 0.09% expense ratio and transition-friendly approach make it a notable option for advisors and investors seeking ESG investments.
Ondo Finance has introduced an in-kind conversion route allowing approved institutions to directly convert existing shares into Ondo Stocks tokens via Alpaca’s Instant Tokenization Network on Ethereum and BNB Chain. This new process eliminates the ne...
Capricor Therapeutics faces a class action lawsuit alleging it made false statements about the progress of its drug deramiocel towards FDA approval. The lawsuit claims the company misled investors by promoting positive trial results while knowing of ...
Alibaba announced its new AI chip, the Zhenwu V900, which offers three times the performance of its predecessor, and plans to expand its global data center capacity to over 20 gigawatts by 2032. This move aims to strengthen Alibaba Cloud's position i...
SEI token surged over 25% to $0.06285 after breaking the $0.052 resistance, driven by a 289% spike in daily volume to $203.44 million, signaling strong market participation. Canary Capital's proposed ETF plans to stake 90% of its SEI holdings, potent...
Trueo announced plans to migrate its prediction market protocol from the Base Layer 2 to the Ethereum mainnet, citing Ethereum's better liquidity, integration, and long-term infrastructure. Existing Base markets will remain operational until their ex...
