Franklin Templeton has filed for two new ETFs that hold US stocks but automatically convert all dividend income into Bitcoin-related assets, starting September 2026. These ETFs, called Bitcoin DRIP ETFs, allow investors to passively accumulate Bitcoin through dividends without actively buying crypto. The funds start with about 95% in US equities and 5% in Bitcoin-linked investments, with a Bitcoin exposure cap of 20%. This innovative structure targets investors seeking Bitcoin exposure alongside traditional stocks, potentially creating steady Bitcoin buying pressure over time. The move signals growing institutional interest in crypto-linked ETFs amid evolving US regulations.
Vanguard Investments Canada Inc. announced the final cash distributions for June 2026 for several Vanguard ETFs listed on the Toronto Stock Exchange. Unitholders of record on June 26, 2026, will receive payments on July 6, 2026, with distribution amo...
Teamshares Inc. finalized its business combination with Live Oak Acquisition Corp. V after shareholder approval on June 16, 2026. The deal included a $126.5 million capital raise through a PIPE investment from institutional investors and Teamshares m...
Two student entrepreneurs, Brandon Garcia and Abiha Haider, won the NFTE New York Metro Youth Entrepreneurship Showcase and will advance to the U.S. National Youth Entrepreneurship Showcase in New York City this fall. Brandon's business, ProspectPath...
Hengdian World Studios saw a major spike in visitors after the Chinese drama Pursuit of Jade, filmed mostly at the studio, topped international streaming charts and search volumes in 15 countries. During the May holiday, over 80,000 tourists visited ...
Amazon is exploring selling its custom-designed AI chips, Trainium and Inferentia, to third parties beyond its AWS cloud services. This move could disrupt Nvidia's stronghold on AI hardware, as Amazon's chip business now generates nearly $50 billion ...
