Flash News

TREE NEWS reports: Hillhouse Capital’s Q2 13F filing shows a significant increase in semiconductor and storage positions, with Micron and SanDisk holdings up 283% and 192% respectively. The firm trimmed Nvidia and NetEase, while adding new stakes in Alibaba, Visa, and others. Total US equity portfolio value stood at $979 million.

TREE NEWS update: H&H International Investment, managed by Duan Yongping, reduced its total holdings to $19.1 billion by Q2, down from $20 billion. The fund increased positions in PDD, Berkshire Hathaway, and Disney, while making a new investment in Alibaba. It significantly cut stakes in Nvidia, Google, and Microsoft, and exited TSMC and CrowdStrike.

TREE NEWS reports: The SEC is reviewing Cboe BZX’s rule change proposal to list six triple-leveraged commodity ETFs, including Bitcoin and Ethereum products, with an initial 45-day review period. The BTC and ETH ETFs will invest in CME futures rather than directly holding the assets, and require SEC approval before listing.

TREE NEWS reports: Morgan Stanley increased its Bitcoin holdings by approximately 111.762 BTC, worth $7.03 million, via its spot Bitcoin ETF (MSBT), bringing its total to over 6,600 BTC for the first time, valued at over $420 million. The purchase reflects continued institutional accumulation during market dips.

TREE NEWS reports: Apple will combine its proprietary AI with Alibaba’s Qwen model to deliver Apple Intelligence on iPhones in China, marking a strategic collaboration to navigate regulatory and market challenges. This move underscores the growing importance of local AI partnerships for global tech firms in the Chinese market.

TREE NEWS update: Situational Awareness LP, led by ‘AI stock guru’ Leopold Aschenbrenner, disclosed a 13F showing $20.2B in concentrated AI infrastructure bets, with over half in memory chips (SanDisk, Micron). The fund had liquidated all downside hedges in Q2, pivoting to unhedged longs, which led to massive losses and a forced selloff to Citadel after AI stocks crashed in July.

TREE NEWS update: AI inference is shifting storage demand from GPUs/HBM to high-capacity NAND, with Sandisk projecting enterprise flash demand to reach 1.2 ZB by 2030 and signing long-term agreements worth $93.9 billion. This could reduce NAND cycle volatility, though it won’t eliminate it, benefiting Sandisk, Micron, and others.

TREE NEWS update: Binance data reveals that Gen Z investors are increasingly allocating to ETFs and trading less frequently with lower leverage compared to older working-age cohorts. This shift highlights a more conservative, long-term investment approach among younger traders.

TREE NEWS update: Regulatory filings reveal that two Abu Dhabi sovereign wealth funds, including Mubadala, hold significant Bitcoin exposure through BlackRock’s iShares Bitcoin Trust, with Mubadala’s $490 million stake ranking as its second-largest holding. This marks a notable institutional adoption of crypto by state-backed entities.

TREE NEWS update: Citigroup CEO Jane Fraser expressed support for the crypto Clarity Act, calling for improvements but urging passage of a ‘good bill’ to enable safe adoption of digital assets. She highlighted Citi’s leadership in digital assets and the need for regulatory clarity.

TREE NEWS update: The Dartmouth College endowment’s investments in crypto ETFs, including Bitwise Solana staking ETF, Grayscale Ethereum staking ETF, and BlackRock’s iShares Bitcoin ETF, fell to about $12 million amid declining prices. This marks a $2 million decrease in exposure, reflecting the impact of market volatility on institutional crypto allocations.

TREE NEWS reports: MSCI is considering removing companies with bitcoin treasury strategies from its indexes, citing potential governance concerns. Despite this, bitcoin treasury firms appear undeterred, signaling confidence in their strategy. The move could impact index-tracked funds but has not shaken the companies’ resolve.

TREE NEWS reports: Bitcoin miner Hyperscale has sold most of its Bitcoin holdings to finance its pivot into AI data centers, though it plans to rebuild its reserves through future mining and purchases. This move reflects a growing trend among miners diversifying into high-performance computing.

TREE NEWS reports: Bank Leumi, Israel’s largest bank, will enable customers to buy, hold, and sell Bitcoin, Ether, and Solana directly through its investment app starting in early 2027, in partnership with Galaxy. This marks a significant step for mainstream banking adoption of cryptocurrencies in Israel.

TREE NEWS update: Morgan Stanley increased its stake in BlackRock’s spot Bitcoin ETF (IBIT) by 23% to 16.5 million shares in Q2, also raising positions in Ether ETFs and crypto-linked stocks. This reflects growing institutional adoption of crypto ETFs.

TREE NEWS reports: JPMorgan reported a 25% increase in its Bitcoin ETF position and more than quadrupled its Ether ETF position during the second quarter, according to a recent filing. This move signals growing institutional adoption of crypto assets through regulated investment vehicles.

TREE NEWS reports: Kalshi is reportedly in advanced talks with Sequoia and Wellington for a $750 million funding round at a $40 billion valuation, nearly doubling its May valuation. The news comes as Baltimore sued the prediction market platform over unlicensed sports betting, adding regulatory pressure.