MicroStrategy Stock Dips as Q3 Earnings Slightly Miss Expectations
MicroStrategy’s stock fell approximately 5.9% following the release of its third-quarter earnings, which came in slightly below analysts’ expectations. An analyst has indicated that the company may face further challenges as the U.S. elections approach. In an announcement on October 30, MicroStrategy reported that its software division generated $116.1 million in revenue for the quarter, […]
Bitcoin ETF Nears $1B in Daily Inflows, Sparking FOMO and Risk of New BTC Price Peak
Institutional interest in U.S. spot Bitcoin exchange-traded funds (ETFs) has surged, with inflows reaching hundreds of millions of dollars daily. Data from Oct. 30, provided by UK investment firm Farside Investors, recorded nearly $900 million in ETF inflows that day alone, marking the second-highest on record. Yet, for seasoned market observers, this influx has raised […]
Canary Capital Files Application for Spot Solana ETF
Asset manager Canary Capital has submitted an application for a spot Solana ETF in the United States, joining the growing list of firms seeking to bring Solana-based ETFs to market. This filing follows a similar application made by investment firm VanEck four months prior. The news was shared moments ago by Bloomberg’s ETF expert James […]