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Ethereum spot ETFs recorded $446.71 million in net outflows on Sept. 5. This is the second-largest single-day outflow since the products launched. Summary Ethereum ETFs saw $446.7m outflows Sept 5, second-largest since launch. BlackRock led with $309.9m in redemptions, followed by Grayscale and Fidelity. ETH trades near $4,300 after recent highs of $4,900 triggered profit-taking. … Read more
An employee arranges gold bars at the Italpreziosi SpA precious metals refinery plant in Arezzo, Italy, on Tuesday, May 6, 2025. Bloomberg | Bloomberg | Getty Images Central banks’ growing appetite for gold meant that the precious metal was the second-largest global reserve asset in 2024, according to a European Central Bank report out Wednesday … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s recorded holdings of Treasuries have fallen below those of the UK for the first time since the start of the century, underlining an ongoing shift in Beijing’s management of its foreign reserves. The value … Read more
Elon Musk’s xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI and social media combo at over $120 billion, according to a new Bloomberg report that says talks are in the “early stages.” If successful, the deal would constitute the the second-largest startup funding round ever, behind only … Read more
Key Takeaways TRUMP token has surpassed Pepe and Shiba Inu to become the second-largest meme coin. The token experienced criticism over its distribution, with 80% owned by Trump Organization-linked companies. Share this article TRUMP, a newly launched meme coin created by President-elect Donald Trump, has flipped Pepe (PEPE) and Shiba Inu (SHIB) to become the … Read more
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