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Author: John Smith
Gen Z traders on Binance have increased the ETF share of their equity trading volume to 25% in early August as their allocation to individual stocks has declined. Summary ETFs accounted for 21.9% of Gen Z net equity inflows in July, up from 18.5% in June. Individual stocks received 74.2% of July inflows, compared with 77% one month earlier. Gen Z averaged fewer monthly trades than Millennials and Gen X across the products studied. Binance warned that its short direct-equities data window limits conclusions about lasting behavior. Binance Research found that exchange-traded funds are taking a larger share of Gen…
Robinhood Ventures Fund II has raised $225.5 million and opened at $22.50 on the New York Stock Exchange, 10% below its $25 initial public offering price. Summary RVII raised $225.5 million after offering 8 million shares at $25 each. The fund opened at $22.50 on the NYSE, 10% below its IPO price. Its portfolio targets early- and growth-stage companies connected to Y Combinator. Retail investors can buy RVII shares without investing directly in its private holdings. Reuters reported that Robinhood’s second publicly traded venture fund debuted on Thursday, giving individual investors access to early-stage companies usually available only to venture…
XRP price has steadied near $1 as whale transfers to Binance fell to their lowest level since 2021, although weak demand and bearish chart signals continue to limit a recovery. Summary XRP price traded near $1.00 after losing about 3.2% over the past seven days. Binance whale inflows fell to $61 million on a three-month average. Daily RSI remained weak at 36, while the 4-hour MACD showed early improvement. Liquidation clusters between $1.02 and $1.05 could attract price during a rebound. XRP price remains under pressure near $1 CryptoQuant contributor Darkfost reported that the three-month average of XRP whale inflows…
Bitget has expanded its Stock Dual Investment lineup from six to more than 20 U.S. stock and ETF-linked tokens, with settlement now set for 11:30 p.m. UTC+8. Summary More than 20 rTokens now support Bitget’s Buy Low and Sell High strategies. Supported assets include tokens linked to Nvidia, Tesla, Apple, Coinbase, Strategy and two leveraged ETFs. Stock Dual Investment settlement now occurs at 11:30 p.m. UTC+8, after regular U.S. trading begins. An invitation-only deposit promotion offers up to 3,000 USDT in non-withdrawable trading bonuses. Bitget announced on Aug. 14 that its expanded lineup includes tokens tied to major technology stocks,…
Dartmouth College’s crypto ETF holdings have fallen 15% to about $12.4 million in the second quarter, even though its $9 billion endowment kept the same number of fund shares. Summary Dartmouth’s reported crypto ETF holdings lost about $2.2 million in value during the second quarter. The endowment retained its positions in Bitcoin, Ether, and Solana-linked funds. Crypto prices have remained below their March 31 levels through Aug. 15. Dartmouth’s crypto ETFs represented about 0.14% of its estimated $9 billion endowment. Dartmouth crypto ETF holdings have fallen to $12.4 million The U.S. Securities and Exchange Commission filing submitted Thursday showed that…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. CLARITY Act passage odds have dropped below 20% on Polymarket as XRP volatility drives renewed interest in UE Crypto’s cloud mining and yield services. Summary XRP weakens as CLARITY Act odds fall, while investors turn to UE Crypto’s cloud mining and yield options. With CLARITY Act uncertainty weighing on XRP, UE Crypto is drawing interest from holders seeking alternative returns. Fading CLARITY Act expectations have pressured XRP, prompting some investors to explore UE Crypto’s cloud mining platform. The probability…
Solana Company has reported a $30.3 million second-quarter loss despite earning $2.5 million in revenue, almost entirely from staking its SOL holdings. Summary Revenue increased from $43,000 a year earlier but fell from $3.6 million in Q1. Solana Company earned 31,200 SOL in rewards and automatically restaked the tokens. A $25.4 million realized loss on digital assets weighed heavily on quarterly results. Cash fell to $3.6 million as total assets declined to $176.1 million. Solana Company said in its Aug. 14 financial release that staking contributed $2.512 million of its $2.526 million quarterly revenue, while other operations generated only $14,000.…
Africa Finance Corporation has raised 350 million Swiss francs or about $431 million, through its first digital bond, becoming the first African institution to issue such debt through a regulated exchange and central securities depository. Summary The five-year digital bond carries a coupon rate of 1.4925%. Around 90% of investor demand came from Swiss accounts. Commerzbank and Deutsche Bank arranged the transaction. AFC will use the proceeds to support infrastructure financing across Africa. AFC digital bond raises $431 million Ledger Insights reported that Africa Finance Corporation issued the five-year bond through SIX, using its SDX digital platform for clearing and…
Bithumb has reported a 21.8 billion won, or about $15.7 million, net loss for the second quarter of 2026 as revenue fell 35.8% from a year earlier. Summary Bithumb’s second-quarter revenue fell 35.8% to 86.3 billion won. The exchange swung from a 22 billion won profit to a 21.8 billion won loss. First-half revenue dropped 48.7%, while the net loss reached 108.7 billion won. Lower Korean crypto trading activity has reduced fee income across the domestic market. According to Yonhap News Agency, Bithumb moved into the red during the three months through June after recording a 22 billion won net…
The Iran conflict grounded flights, cratered Maldives tourism arrivals by double digits, and forced the Trump family’s crypto venture to shelve what was billed as the world’s first tokenized luxury hotel development. The episode exposes a structural question the real-world asset market has avoided: what happens to a token when the real world breaks? Summary World Liberty Financial and its partners postponed the MALD1 token sale, originally planned for spring 2026, after the Iran conflict disrupted air corridors serving the Maldives and cut tourist arrivals by as much as 41% in early March. The token, structured through BlackRock-backed Securitize, would…
