TREE NEWS reports: Grayscale’s Ethereum Mini Trust ETF accumulated about $103.3 million worth of ETH over the past 20 days, on-chain data tracked by Arkham shows. The older Grayscale Ethereum Trust (ETHE) saw roughly $71.6 million in outflows over the same period, with the money appearing to rotate into the Mini ETF. Net of ETHE redemptions, Grayscale clients bought about $31.7 million in ETH.
TREE NEWS update: China’s State Administration for Market Regulation said on October 10 that it has approved Focus Media Information Technology’s acquisition of Chengdu Xinchao Media Group’s equity, attaching six restrictive conditions valid for five years. The conditional clearance marks a major step in the consolidation of China’s elevator advertising industry.
TREE NEWS update: China’s State Administration for Market Regulation announced on October 10 that it has approved Focus Media Information Technology’s acquisition of a stake in Chengdu Xinchao Media Group, imposing six restrictive conditions valid for five years. This conditional approval marks a significant step forward in the consolidation of China’s elevator advertising industry.
TREE NEWS update: China’s State Administration for Market Regulation announced on October 10 that it has approved Focus Media Information Technology’s acquisition of shares in Chengdu-based Xinchao Media Group, while imposing six restrictive conditions effective for 5 years. This conditional approval marks an important step in the consolidation of China’s elevator advertising industry.
TREE NEWS update: China’s State Administration for Market Regulation announced on October 10 that it has approved Focus Media Information Technology’s acquisition of a stake in Chengdu New Chao Media Group, imposing six restrictive conditions valid for five years. This conditional approval marks a significant step forward in the consolidation of China’s elevator advertising industry.
TREE NEWS update: On October 10, China’s State Administration for Market Regulation announced that it has approved Focus Media Information Technology’s acquisition of shares in Chengdu Xinchaomi Media Group, while imposing 6 restrictive conditions effective for 5 years. This conditional approval marks an important step in the consolidation of China’s elevator advertising industry.
TREE NEWS update: On October 10, China’s State Administration for Market Regulation announced that it had approved Focus Media Information Technology’s acquisition of a stake in Chengdu New Chao Media Group, while imposing six restrictive conditions valid for five years. This conditional approval marks a significant step forward in the consolidation of China’s elevator advertising industry.
TREE NEWS update: Mercedes-Benz USA is recalling 30,064 vehicles, covering 2022-2025 model-year S-Class and Maybach models, according to a National Highway Traffic Safety Administration recall notice. The front brake hoses may rupture and leak brake fluid, extending stopping distances and raising the risk of a crash. Dealers will replace the front brake hoses free of charge.
TREE NEWS reports: Apple has restructured its fall 2026 iPhone order book, raising orders for the iPhone Duo by 30% while cutting iPhone 18 Pro orders by 10%-15% and lifting iPhone 18 Pro Max by 10%-15%, leaving total iPhone 18 Pro series orders unchanged. The iPhone Duo’s total volume remains below 10 million units. A supply-chain source said the shift tilts sales toward higher-value products, a net positive for Apple supplier earnings.
TREE NEWS reports: OpenAI’s annualized revenue run rate was close to $50 billion as of the end of September 2026, roughly $20 billion — or about 29% — below the near-$70 billion figure widely cited by media, financial documents provided to investors show. OpenAI still expects to reach or exceed $70 billion by year-end 2026, driven by enterprise growth. AI-linked shares fell, with the Nasdaq Composite down about 1.3%.
TREE NEWS reports: Thirty-eight A-share companies completed H-share listings in the first three quarters of 2026, double the full-year 2025 figure, Wind data show. The reverse channel also opened, with Liqin Resources leading the way back to A-shares on Sept. 30. As of Oct. 9, 2026, the A+H board had expanded to 209 companies.
TREE NEWS reports: Citigroup expects US Treasury Secretary Scott Bessent to reduce long-dated government bond auction sizes and possibly eliminate 20-year issuance entirely. Jason Williams, the bank’s head of US rates strategy, said the base case is a $3 billion cut per auction for both 20-year and 30-year bonds, with the funds raised instead through higher T-bill issuance. He expects the Treasury to announce the move at its next quarterly refunding on November 4. Citi strategists advised clients to position for 20-year bonds to outperform 10-year notes.
TREE NEWS reports: US equity index futures ended Friday’s New York session higher. S&P 500 futures rose 0.65%, Dow futures gained 0.92% and Nasdaq 100 futures added 0.57%. Russell 2000 futures advanced 0.53%.
TREE NEWS update: Ripple-backed XRP treasury company Evernorth completed its business combination with SPAC Armada Acquisition Corp. II on October 9, bringing roughly 473 million XRP and $300 million in cash proceeds to the public market. The company is expected to begin trading on Nasdaq under the ticker XRPN next Monday.
TREE NEWS update: Ripple-backed XRP treasury company Evernorth completed its business combination with SPAC Armada Acquisition Corp. II on October 9, bringing roughly 473 million XRP and $300 million in cash proceeds to the public market. Evernorth expects to begin trading on Nasdaq under the ticker XRPN next Monday.
TREE NEWS update: Micron Technology’s board approved expanding its share repurchase program, raising the maximum amount of common stock it may buy back at its discretion to $35.16 billion effective Dec. 9. The company had previously authorized a $10 billion buyback, of which about $2.2 billion remained unused. Micron shares fell 1% on Friday but are up roughly 260% year to date.
TREE NEWS reports: Brazil’s small-cap stock index rose 20% this week, its best weekly performance on record, while the benchmark Ibovespa gained 8.8% over the same period. The small-cap gauge’s advance far outpaced the broader Brazilian market’s move for the week.
TREE NEWS reports: Gold ETFs closed up 1.57% on Friday, October 9, leading gains among major US asset-class ETFs. US real estate ETFs rose 1.45% and emerging-market ETFs added 1.06%, while Dow, convertible bond, S&P 500, Brent oil, soybean, Nasdaq 100, 20+ year Treasury and long-dollar ETFs gained as much as 0.87%. Agricultural funds, investment-grade corporate bond ETFs and long-euro ETFs fell as much as 0.12%, with long-yen down 0.26% and long-VIX down 1.45%.
TREE NEWS reports: US sector ETFs closed broadly higher on Friday, October 9, with the biotech index ETF up 3% and the internet stock ETF up 2.15%. The technology sector ETF added 0.51%, while energy fell 0.25% and semiconductors dropped 0.65%. Banking and regional banking ETFs slipped as much as 0.83%.
TREE NEWS reports: All 11 S&P 500 sectors closed broadly higher, with real estate, consumer discretionary and health care gaining as much as 1.88%. Information technology rose 0.36%, while energy slipped 0.18% and telecom fell 0.4%.
Subscribe to get important Web3 & AI updates from the TREE NEWS desk by email — free.