BlackRock’s Bitcoin ETF Breaks Records with Almost $1 Billion in One-Day Inflows

In a historic surge, iShares Bitcoin Trust ETF (IBIT) pulled in a staggering $971 million in inflows on Monday, according to data from SoSoValue. This marks the second-largest single-day inflow for IBIT since its debut in January 2024, reaffirming the growing institutional appetite for Bitcoin-backed financial products. While IBIT basked in massive inflows, rival ETFs…

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Coinbase Expands Globally with High-Yield Bitcoin Fund for Institutions

Coinbase is expanding its institutional offerings with the launch of the Coinbase Bitcoin Yield Fund (CBYF), a new investment vehicle aiming to deliver sustainable 4–8% annualized returns—paid directly in Bitcoin. Slated to go live on May 1, the fund is exclusively available to non-U.S. institutional investors, marking a strategic push into global crypto yield markets….

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Elon Musk Faces Senate Scrutiny Over $2.37 Billion in Potential Penalties Linked to DOGE Role

Elon Musk is under fire again—this time from the U.S. Senate. A scathing new report from Senate Democrats accuses the billionaire of using his influence in Washington and ties to the now-defunct Department of Government Efficiency (DOGE) to erase investigations, duck regulatory scrutiny, and potentially dodge more than $2 billion in liabilities. According to the…

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Sasol’s Profit Decline Offset by Stock Recovery and Strategic Initiatives

Sasol Limited (JSE: SOL), South Africa’s energy and chemicals powerhouse, has reported a challenging half-year, yet glimmers of optimism are emerging for investors. The company announced a 31% decline in profits for the six months ending December 2024, largely due to softer oil prices and dwindling sales volumes. In response, Sasol withheld its dividend, revealing…

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