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U.S. Spot Bitcoin ETFs See Record $287 Million in Outflows, Except BlackRock

U.S. spot Bitcoin ETFs experienced $287.8 million in withdrawals, the largest since May, highlighting market volatility.

Gen X just saw a big bump in 401(k) millionaires

Record highs in Wall Street boost 401(k) millionaire accounts by 9.5%, benefiting mainly Generation X.

U.S. Spot Bitcoin ETFs See Record $287 Million in Outflows, Except BlackRock

U.S. spot Bitcoin ETFs experienced $287.8 million in withdrawals, the largest since May, highlighting market volatility.

Gen X just saw a big bump in 401(k) millionaires

Record highs in Wall Street boost 401(k) millionaire accounts by 9.5%, benefiting mainly Generation X.
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#investment

Fidelity owns almost $30 million in OpenAI stock, filing shows

Fidelity invested $6.6 billion in OpenAI, valuing its stake at nearly $30 million.

Fidelity cuts Meta-backed Meesho valuation to $3.5 billion | TechCrunch

Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment, giving the Indian social commerce startup a valuation of $3.5 billion.
Fidelity has slightly marked up the value of its holding in Reddit, Gupshup, and X.

VOO vs. FXAIX: Which Should You Buy?

ETFs provide instant diversification, pooling funds to invest in a broad array of stocks with a single purchase.

Fidelity reportedly marked up its X stake by 32 percent | TechCrunch

Fidelity significantly raised the valuation of Elon Musk's X, despite still valuing it considerably less than the initial purchase price.

Bitcoin ETFs Have Arrived. Here's Who Stands to Get Rich

U.S. regulators have approved spot bitcoin exchange-traded funds (ETFs), allowing people to invest in bitcoin through their brokerage for the first time.
Financial institutions like BlackRock and Fidelity have been given permission by the SEC to launch these ETFs, which track the price of bitcoin.

Fidelity owns almost $30 million in OpenAI stock, filing shows

Fidelity invested $6.6 billion in OpenAI, valuing its stake at nearly $30 million.

Fidelity cuts Meta-backed Meesho valuation to $3.5 billion | TechCrunch

Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment, giving the Indian social commerce startup a valuation of $3.5 billion.
Fidelity has slightly marked up the value of its holding in Reddit, Gupshup, and X.

VOO vs. FXAIX: Which Should You Buy?

ETFs provide instant diversification, pooling funds to invest in a broad array of stocks with a single purchase.

Fidelity reportedly marked up its X stake by 32 percent | TechCrunch

Fidelity significantly raised the valuation of Elon Musk's X, despite still valuing it considerably less than the initial purchase price.

Bitcoin ETFs Have Arrived. Here's Who Stands to Get Rich

U.S. regulators have approved spot bitcoin exchange-traded funds (ETFs), allowing people to invest in bitcoin through their brokerage for the first time.
Financial institutions like BlackRock and Fidelity have been given permission by the SEC to launch these ETFs, which track the price of bitcoin.
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#elon-musk

X sees its value drop more than 75% since Elon Musk's takeover

The value of X has dropped to $9.4 billion, significantly lower than the $44 billion Musk paid for it.

Fidelity Values X Nearly 80% Less Than When Musk Bought It | Entrepreneur

X's valuation dropped from $44 billion to $9.4 billion within a year, a significant financial decline.

Fidelity has cut X's value by 79% since Musk purchase | TechCrunch

Fidelity has marked down its valuation of Elon Musk's X to approximately $4.18 million, reflecting an overall loss of 78.7% from its initial investment.

X sees its value drop more than 75% since Elon Musk's takeover

The value of X has dropped to $9.4 billion, significantly lower than the $44 billion Musk paid for it.

Fidelity Values X Nearly 80% Less Than When Musk Bought It | Entrepreneur

X's valuation dropped from $44 billion to $9.4 billion within a year, a significant financial decline.

Fidelity has cut X's value by 79% since Musk purchase | TechCrunch

Fidelity has marked down its valuation of Elon Musk's X to approximately $4.18 million, reflecting an overall loss of 78.7% from its initial investment.
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Love poem For Your Sweetheart.

The poem expresses a deep commitment to love by being faithful in various forms, prioritizing attention and emotional connection.

Number of Retirement Millionaires Hits Record High | Entrepreneur

401(k) millionaires have reached a record high of 497,000, reflecting a growth trend in retirement savings.

Fidelity Drops Staking Plans in Updated Ether ETF Filing

Fidelity will not stake ether in its proposed spot ETF.
#blackrock

BlackRock's Bitcoin ETF First to Reach $2B in AUM

The BlackRock iShares Bitcoin ETF (IBIT) has reached $2 billion in assets under management (AUM).
Grayscale's GBTC, which converted into a spot ETF, had nearly $30 billion in AUM.

Bitcoin ETF Net Inflows Near $1B After Three Days

Net inflows into newly approved bitcoin exchange-traded funds (ETFs) amount to approximately 21,000 BTC or $894 million. BlackRock's iShares Bitcoin Trust leads with 16,362 BTC, followed by Fidelity's Wise Origin Bitcoin Fund with 12,112 BTC. Grayscale's Bitcoin Trust experienced sizable outflows.
The conversion of Grayscale's Bitcoin Trust (GBTC) from a closed-end fund to an ETF, along with a reduced management fee and no longer trading at a discount to net asset value, has led to selling by GBTC holders.

Bitcoin ETFs draw nearly $2 billion from investors in the first three days of trading

Investors have invested $1.9 billion in nine new bitcoin ETFs in their first three days of trading.
BlackRock and Fidelity are leading in attracting the majority of investor flows.

Bitcoin ETF Flows Show Negative Trend For First Time Since Launch

Bitcoin ETFs are seeing negative flows for the first time since their launch, with a net outflow of $158 million on Wednesday.
BlackRock's IBIT and Fidelity's FBTC are leading the way among the ETFs, but their inflows have slowed in the past few days.

Franklin Templeton Joins Ethereum ETF Race

Franklin Templeton has applied for an Ethereum ETF with the SEC.
Other asset managers such as BlackRock and Fidelity have also submitted ETF applications recently.

Investment Giant Vanguard Blocks Clients From Buying Bitcoin ETFs

Vanguard is preventing customers from buying bitcoin ETFs like IBIT and GBTC through its retirement brokerage accounts.
Vanguard spokesperson stated that the company has no plans to permit buying of bitcoin ETFs, citing their high volatility.

BlackRock's Bitcoin ETF First to Reach $2B in AUM

The BlackRock iShares Bitcoin ETF (IBIT) has reached $2 billion in assets under management (AUM).
Grayscale's GBTC, which converted into a spot ETF, had nearly $30 billion in AUM.

Bitcoin ETF Net Inflows Near $1B After Three Days

Net inflows into newly approved bitcoin exchange-traded funds (ETFs) amount to approximately 21,000 BTC or $894 million. BlackRock's iShares Bitcoin Trust leads with 16,362 BTC, followed by Fidelity's Wise Origin Bitcoin Fund with 12,112 BTC. Grayscale's Bitcoin Trust experienced sizable outflows.
The conversion of Grayscale's Bitcoin Trust (GBTC) from a closed-end fund to an ETF, along with a reduced management fee and no longer trading at a discount to net asset value, has led to selling by GBTC holders.

Bitcoin ETFs draw nearly $2 billion from investors in the first three days of trading

Investors have invested $1.9 billion in nine new bitcoin ETFs in their first three days of trading.
BlackRock and Fidelity are leading in attracting the majority of investor flows.

Bitcoin ETF Flows Show Negative Trend For First Time Since Launch

Bitcoin ETFs are seeing negative flows for the first time since their launch, with a net outflow of $158 million on Wednesday.
BlackRock's IBIT and Fidelity's FBTC are leading the way among the ETFs, but their inflows have slowed in the past few days.

Franklin Templeton Joins Ethereum ETF Race

Franklin Templeton has applied for an Ethereum ETF with the SEC.
Other asset managers such as BlackRock and Fidelity have also submitted ETF applications recently.

Investment Giant Vanguard Blocks Clients From Buying Bitcoin ETFs

Vanguard is preventing customers from buying bitcoin ETFs like IBIT and GBTC through its retirement brokerage accounts.
Vanguard spokesperson stated that the company has no plans to permit buying of bitcoin ETFs, citing their high volatility.
moreblackrock

Fidelity financial info feared stolen in cyberattack

Personal and financial information of nearly 30,000 Fidelity customers stolen by criminals through Infosys' IT systems.
Data breach potentially included sensitive information like bank account details, credit card numbers, and access codes.

Crypto in Your Retirement Account: Cryptocurrency and Planning for Your Golden Years | Entrepreneur

Cryptocurrency is beginning to enter the realm of retirement investments, with companies like Fidelity allowing participants to allocate up to 20% of their 401(k) into Bitcoin.
Cryptocurrencies offer diversification benefits as a hedge against economic downturns, but their volatility and regulatory uncertainties must be carefully considered.

Fidelity cuts Meta-backed Meesho valuation to $3.5 billion | TechCrunch

Fidelity has cut the value of its holding in Meesho by 33.6%
Meesho has a valuation of $3.5 billion adjusted for outstanding shares
#bitcoin

Fidelity's Jurrien Timmer Says Bitcoin to Consolidate Recent Gains Amid ETF Hangover

Bitcoin's price is down due to the impact of the recently approved BTC ETF, but Fidelity's Jurrien Timmer expects the sell-off to be short-term.
Timmer believes that bitcoin's current price is reasonable and its longer-term prospects look bright, potentially leading to widespread adoption as a commodity-currency.

First Mover Americas: Altcoins Lead, Bitcoin in Stasis Near $42.6K

Altcoins gain momentum as bitcoin remains flat
Fidelity's Jurrien Timmer expects consolidation of recent gains in bitcoin

Fidelity's Jurrien Timmer Says Bitcoin to Consolidate Recent Gains Amid ETF Hangover

Bitcoin's price is down due to the impact of the recently approved BTC ETF, but Fidelity's Jurrien Timmer expects the sell-off to be short-term.
Timmer believes that bitcoin's current price is reasonable and its longer-term prospects look bright, potentially leading to widespread adoption as a commodity-currency.

First Mover Americas: Altcoins Lead, Bitcoin in Stasis Near $42.6K

Altcoins gain momentum as bitcoin remains flat
Fidelity's Jurrien Timmer expects consolidation of recent gains in bitcoin
morebitcoin

Bitcoin Crosses $71K as BTC ETFs See $880M Inflows in Best Day Since March

U.S.-listed spot bitcoin ETFs had significant inflows, led by Fidelity's FBTC.
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