BlackRock’s Spot Ether ETF Sees Record $60.3M Inflows, Highest in Over Three Months
BlackRock, the largest asset manager globally, recently recorded a major inflow into its spot Ether exchange-traded fund (ETF), marking its most substantial single-day inflow in 94 days. On November 8, BlackRock’s iShares Ethereum Trust ETF (ETHA) saw $60.3 million in inflows, the largest since August 6, when it garnered $109.9 million, as per data from […]
MicroStrategy Shares Surge 20% in the Week After Trump’s Win and Interest Rate Cuts
The stock market is set to wrap up one of its best-performing weeks of the year, following Donald Trump’s victory in the presidential election and another wave of interest rate cuts. This market rally has driven tech stocks, including MicroStrategy (MSRT), to impressive highs. MicroStrategy shares are trading at $271.26 on the Nasdaq as of […]
Donald Trump Weighs Richard Farley as Potential SEC Chair Pick
Richard Farley, a prominent partner at Kramer Levin Naftalis & Frankel in New York and head of the firm’s leveraged finance group, is now reportedly on Donald Trump’s shortlist to replace SEC Chair Gary Gensler. According to a report from the New York Post, Farley has an extensive track record advising major financial institutions, including […]