SBI Funds Management Ltd. is preparing to initiate formal marketing for its planned initial public offering (IPO) next week, with hopes of raising up to $1.5 billion. As India’s largest asset manager, SBI Funds aims to allocate approximately three-quarters of the shares to domestic investors, and is also looking to
Tera Yatirim Menkul Degerler AS, a little-known Turkish brokerage, has experienced an astounding stock surge of 40,000% since its initial public offering in 2022, making it one of Turkey’s most valuable firms. This unprecedented increase, characterized by staggering daily gains such as 54%, 108%, and 61%, has caught the attention
The active RWA market cap has experienced a remarkable increase, surging from $4.1 billion to $25.2 billion in just over a year, driven primarily by the growth of tokenized funds, commodities, and private credit, as reported by DefiLlama. Notably, commodities in this market include tokenized precious metals like gold, which
Bitcoin investors realized over $5.46 billion in profits this past week, as short-term holders actively booked profits during a strong price surge to multi-week highs. This surge was propelled by easing geopolitical tensions and a broader risk-on shift in global markets, coupled with signs of recovery in spot Bitcoin ETFs
Today, Bitcoin exchange-traded funds (ETFs) purchased over $223 million worth of Bitcoin, as reported by Farside. This surge in buying underscores the growing importance of Bitcoin ETFs, which hold physical BTC to reflect the cryptocurrency’s spot price, allowing investors to gain exposure without directly managing the asset. As traditional finance
ARK Invest has reported a significant increase in Bitcoin supply held by conviction buyers, rising 69% in the first quarter from 2.13 million to 3.60 million BTC, a level not observed since 2020, despite a 22% drop in prices. This contrast highlights a notable split between bearish price action and
On April 23, 2026, Bitcoin (BTC), Solana (SOL), and XRP spot ETFs experienced net inflows, with BTC leading at $223.21 million, while Ethereum (ETH) spot ETFs faced net outflows totaling -$75.94 million. The outflows from ETH ETFs have been attributed to increased competition from faster and cheaper layer-1 networks, highlighting
BlackRock’s clients purchased $167.45 million worth of Bitcoin, contributing to a recent trend of substantial inflows into spot Bitcoin ETFs, primarily led by BlackRock’s own IBIT. This influx comes amid heightened competition in the market, as Morgan Stanley has launched a spot Bitcoin ETF with lower fees, intensifying the rivalry
Bitcoin’s Historical Price Stability and the Statistical Rarity of a $40,000 Decline Bitcoin’s historical price patterns demonstrate a degree of stability within the context of its inherent volatility. While price fluctuations are common in the […]
Phemex Unveils Advanced Prediction Market Leveraging Polymarket Technology phemex has introduced a new advanced prediction market platform that utilizes Polymarket technology, positioning itself at teh forefront of decentralized forecasting tools. Polymarket is a well-known market […]