BITB

BITWISE BITCOIN ETF

Bitcoin's surged past $124K, due to ETF inflows, corporate adoption, and Fed rate cut bets. This put focus on Bitcoin-based ETFs like IBIT and GBTC.

From crypto to defense, key sectors show strength as the S&P 500 rallies 25% in H1 2025 after early volatility.

Investing.com -- Wells Fargo says Bitcoin is entering an “institutional phase,” marked by the emergence of a new category of companies—what it calls “Bitcoin Treasury Corps”—that are using capital markets to amass large Bitcoin holdings.

Investing.com -- GameStop Corp (NYSE:GME) shares climbed over 2%, but pared back some gains premarket Wednesday, after the video game retailer disclosed a $513 million investment in bitcoin, a significant step in its strategy to diversify assets and strengthen its balance sheet. The company announced the acquisition of approximately 4,710 bitcoins in a regulatory filing, though it did not detail the timing of the purchases.

Investing.com-- Circle Internet is seeing strong demand for its initial public offering, Bloomberg reported on Tuesday, as the stablecoin issuer benefited from improving sentiment around crypto on hopes of friendlier U.S. legislation. 

Investing.com-- The largest U.S. banks are in early discussions to launch a joint stablecoin, aiming to counter the growing competition from the cryptocurrency industry, The Wall Street Journal reported on Thursday, citing people familiar with the matter.

Investing.com -- Cash attracted the strongest investor interest in the week to May 7, with money market funds pulling in $51.9 billion, the largest weekly inflow in over two months, according to Bank of America.

President Donald Trump confirmed Monday that tariffs on Mexico, and Canada are set to go ahead on Tuesday as both nations have now run out of room to negotiate a deal.