In August, gold-backed ETFs attracted $18 billion in capital, marking the second-largest monthly inflow on record, driven by concerns over rising global sovereign debt and potential dollar weakening. North American and European funds led the inflows with $7.7 billion and $7.9 billion respectively, while Asian ETFs added $2 billion, led by China. The World Gold Council notes that gold's appeal as a portfolio diversifier and hedge against fiscal risks remains strong despite looming rate hikes. Future investment demand hinges on market confidence in U.S. Treasury's ability to cap bond yields, with gold benefiting if confidence wanes due to ongoing fiscal and monetary challenges.
The US SEC approved six 3x leveraged exchange-traded products (ETPs) tied to Bitcoin, Ether, gold, silver, crude oil, and natural gas on October 2, 2026. These ETPs aim to deliver three times the daily performance of their underlying assets using fut...
Centrifuge has introduced three new tokenized funds on the Arc platform, focusing on U.S. Treasuries and credit assets. This move aims to bridge on-chain capital with traditional short-duration fixed-income investments favored by institutional invest...
Pump.fun (PUMP) token experienced a 4.89% price increase within one hour on October 2, reaching $0.005659. However, over the previous 24 hours, the token's price declined by 3.12%. During the hour of the price rise, $10,000 worth of short positions w...
The SUI cryptocurrency surged 6.05% within four hours to $1.20, driven by $190,000 in short position liquidations. Over 24 hours, SUI's price increased 2.29%, reflecting strong buying pressure. Liquidations mainly affected short traders, indicating a...
A director at Joby Aviation sold 62,500 shares worth $380,625 while keeping a large stake. Joby is advancing its electric vertical take-off and landing (eVTOL) aircraft, aiming for passenger flights in Dubai by late 2026 pending FAA approval. Despite...
