Flash News

TREE NEWS reports: Tudor Investment, led by Paul Tudor Jones, now holds $22.9 million in BlackRock’s IBIT Bitcoin ETF, marking an end to its year-long reduction of the position. This signals renewed institutional interest in crypto ETFs.

TREE NEWS reports: MSCI’s consultation proposes removing Strategy and Metaplanet from its global indexes due to a non-operating company screen, with results due by mid-October. This could impact their inclusion in benchmark-tracking funds.

TREE NEWS update: Gate has launched its stock trading section on the Innovation Board, marking a significant expansion into traditional equities. RootData ranks Gate first in comprehensive scores for this new offering, highlighting its competitive edge in integrating crypto and stock trading.

TREE NEWS reports: Bitcoin mining firm HIVE has signed a $350 million AI cloud services contract, projected to boost annualized revenue by $70 million. This marks a strategic pivot for the miner into high-performance computing, aligning with the broader trend of crypto miners diversifying into AI infrastructure.

TREE NEWS update: Paul Tudor Jones’ macro fund increased its stake in BlackRock’s iShares Bitcoin Trust by 18.9% to 688,529 shares worth $22.9 million in Q2, reversing a year of selling. The fund also sharply cut its call options, shifting from leveraged bets to direct spot exposure.

TREE NEWS update: Despite a 14% Bitcoin price drop in Q2, institutional ETF holdings rose 7.5%, with Wells Fargo and JPMorgan each adding over 10,000 BTC. Institutional share of ETF holdings hit a record 44.2%, signaling smart money accumulation at perceived bottom levels.

TREE NEWS reports: JPMorgan has increased its holdings in Zhongji Innolight and Luxshare Precision H-shares, with stakes rising to 16.14% and 8.36% respectively. This move reflects growing institutional confidence in these tech hardware companies, which are key suppliers to major global tech firms.

TREE NEWS update: Phillip Securities has reiterated a ‘Sell’ rating on SpaceX with a target price of $75. The firm’s bearish stance reflects concerns over valuation and market conditions, despite SpaceX’s prominence in the space industry.

TREE NEWS update: Renaissance Technologies increased its holdings in Strategy by 422,881 shares, bringing its total stake value to $242.3 million. This move highlights continued institutional interest in crypto-exposed equities.

TREE NEWS update: Caixin reports that Unitree’s ‘dark pool’ (private share market) has seen bids at 3 times the offering price, but warns that private purchases of new shares are not legally protected. Investors should be cautious of risks in such unofficial trading.

TREE NEWS update: Apple is implementing changes to enhance advertising transparency in the European Union, responding to regulatory pressures. These adjustments aim to provide users with clearer information about ad targeting and data usage. The move aligns with EU digital regulations and could impact digital advertising markets.

TREE NEWS update: Bitget has listed perpetual contracts for ChangXin Memory Technologies (CXMT), allowing users to trade its stock via derivatives. This move expands Bitget’s crypto-linked stock offerings, bridging traditional equities with the crypto trading ecosystem.

TREE NEWS reports: U.S. stock index futures edged higher, with S&P 500 futures up 0.18% and Nasdaq futures gaining 0.54%. This indicates a positive opening sentiment for the U.S. equities market.

TREE NEWS reports: A Financial Times report highlights that the AI boom has created a new class of wealthy individuals who are increasingly using cryptocurrencies to pay for expensive goods and services. This trend reflects the growing adoption of digital assets among the newly affluent, driven by tech wealth.

TREE NEWS reports: Robotera, a robotics company, is planning to go public on the Hong Kong Stock Exchange, targeting to raise between $800 million and $1 billion. This move could mark a significant fundraising event in the tech sector, though details on its business and tokenization remain undisclosed.

TREE NEWS update: Greenlane, the treasury company holding BERA tokens, reported Q2 losses exceeding $19.1 million, with its holdings down 77% from cost. The significant decline reflects the volatile nature of crypto assets in its treasury.

TREE NEWS reports: European stock index futures are trading higher, with Euro Stoxx 50 futures up 0.32% and Germany’s DAX futures gaining 0.27%. France’s CAC40 and UK’s FTSE 100 futures also advanced, reflecting mild optimism in European markets.

TREE NEWS reports: Greenlane’s BERA treasury, initially worth $70 million, was valued at just $16 million by the end of Q2, reflecting a $19.1 million noncash valuation loss. The decline is driven by BERA’s price falling nearly 76% year-to-date, highlighting the volatility of crypto holdings on corporate balance sheets.