It’s getting tough for crypto bulls. Crypto exchange-traded products (ETPs), including ETFs, have fallen out of favor with investors as the U.S. Treasury market signals higher-for-longer interest rates. Digital asset investment products recorded $1.47 billion in outflows last week, the second consecutive week of redemptions and the third-largest weekly outflow of 2026, according to CoinShares.
Crypto investment products recorded $1.47 billion in outflows last week, extending a second straight week of withdrawals as Bitcoin funds led the decline, according to CoinShares. Crypto exchange-traded products (ETPs) extended the prior week’s $1.07 billion in withdrawals, CoinShares reported Tuesday. Bitcoin products accounted for roughly $1.3 billion of the outflows, their largest weekly withdrawal
At the 2026 Goldman Sachs Asia Pacific FinTech Conference, Bybit Co-founder and CEO Ben Zhou discussed the rapid shift of traditional financial assets to blockchain, emphasizing that atomic settlement and 24/7 trading will eliminate the limitations of legacy markets. In a fireside chat moderated by Goldman Sachs’ Ken Tang, Zhou highlighted Bybit as a key
Isabel Schnabel, a member of the European Central Bank’s Executive Board, said the ECB should raise interest rates at its June meeting, even if a peace deal with Iran is reached. The statement, made on May 26, marks a decisive shift in tone from the central bank that had been holding rates steady as recently
The combined market value of all stablecoins has hit a record high of $322 billion, dwarfing the foreign exchange reserves of 95 countries, including several developed countries. As of now, their combined market cap is bigger than the FX reserves of Poland, Thailand, Mexico, and developed economies such as the United Kingdom, Canada and even
Ether treasury company Bitmine Immersion Technologies has been included in a preliminary list for potential inclusion in the Russell 3000 index, a move that chairman Tom Lee hinted could provide tailwinds for the company’s stock. FTSE Russell, a subsidiary of the London Stock Exchange Group, published a preliminary index inclusion list for the Russell 3000
BlackRock (NYSE: BLK) CEO Larry Fink says America’s giant AI buildout will need trillions of dollars, and regular people’s money is part of the plan. According to Larry, the investments in artificial intelligence, including those for data centers, power grids, chips, and cables among others will come from places such as bank savings and pensions.
Prominent financial commentator Peter Schiff recently took aim at ARK Invest CEO Cathie Wood and her vision for the future of digital savings. Wood on Bitcoin, arguing that the legacy precious metal is historically overvalued and primed for a major correction. The case for tokenized gold Schiff has rejected the idea that Bitcoin might have
25 May 2026 – While companies across the tech sector cut 52,050 jobs in Q1 2026 – a 40% increase year-over-year amid accelerating AI adoption – Binance continues to expand its workforce in certain areas, actively hiring across 380+ roles while building an AI-competent workforce. Some narratives frame AI as a substitute for human labor,
Institutional investors continue reshaping the financial market with aggressive strategic moves. The latest development from MVirtus-managed InfraCap ETF has now caught serious attention. The fund increased its STRC holdings to 402,880 shares, reaching a total value of nearly $40 million. This decision immediately sparked conversations among analysts and retail investors alike. Large investment firms rarely