In August 2026, the Invesco QQQ Trust, a major NASDAQ 100 ETF, experienced a significant net outflow of approximately $10.9 billion, including a record single-day withdrawal of $5.71 billion. In contrast, Bitcoin ETFs saw about $1.92 billion in net inflows during the same period, reflecting a partial recovery in Bitcoin prices. Despite a brief rebound in early August, QQQ ended the month with substantial net outflows, continuing a trend from June. Bitcoin ETFs remain relatively new and smaller in scale, so sustained inflows would need to surpass previous outflows to indicate a lasting shift in investor sentiment.
Sysco Corporation and Teamsters Locals 630 and 848 have agreed on wages, benefits, and pension terms, but the strike continues due to union demands allowing strikes at any time, risking service disruptions in Los Angeles. Sysco offered an $8 hourly w...
SkyAI, Inc. announced a cash tender offer to buy up to 95% of its common stock and warrants at $3.00 per share, representing a 65% premium over its recent closing price. The offer, expected to start around October 15, 2026, aims to provide liquidity ...
Upbit exchange has introduced new trading pairs for the Reserve Rights (RSR) token, allowing it to be traded against the Korean won and Tether's USDT stablecoin. This expansion provides users with more options by offering both fiat and stablecoin quo...
Billionaire Adam Weitsman purchased 117 Pudgy Penguins NFTs to support the struggling collection after its parent company shut down the Abstract layer-2 project. This move increased his total Pudgy Penguins holdings to 167 and coincided with a 16.7% ...
American billionaire Adam Weitsman purchased 117 Pudgy Penguins NFTs over the weekend to support the collection and boost community confidence during a challenging period. This move coincided with a 125.66% increase in weekly Pudgy Penguins NFT sales...
