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BlackRock and Fidelity Capitalize on FOMO From Bitcoin ETF Mania – Yahoo Finance

(Bloomberg) — Bitcoin’s breakneck rally has generated record inflows into spot Bitcoin ETFs, solidifying the new asset class’s popularity with investors. Most Read Articles on Bloomberg BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Investments’ WiseOrigin Bitcoin Fund (FBTC) to become the “Newborn Nine” received 79% of the total inflow amount. Directly in Bitcoin — since […]

Nvidia races to $2T mark as AI mania sparks Wall Street tech rally

Nvidia soared to a market cap of $2 trillion on Thursday after a surge in demand for AI chips once again exceeded Wall Street’s sky-high expectations and reignited a global rally in tech stocks. The company’s stock price rose 15%, or more than $100, to a record high of $780.85, making it the third most […]