Flash News

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.