Bitwise to put down Dogecoin ETF less than a year after launch
Related
Bitwise to Close Dogecoin ETF Before Its First Anniversary
BWOW will stop trading October 14, with cash payments to remaining shareholders expected October 22.
Gen Z favors ETFs and trades less than older cohorts: Binance
Binance data showed Gen Z allocating a growing share of equity activity to ETFs while trading less frequently and using less leverage than older working-age cohorts.
Shengshi Technology: Net profit is expected to increase by 336%-461% year-on-year in the first half of the year, with computing power-related businesses contributing significantly to the performance growth.
Mars Finance reported on July 8th that Shengshi Technology announced it expects its net profit attributable to shareholders of the listed company for the first half of 2026 to be between RMB 105 million and RMB 135 million, representing a year-on-year increase of 336.02% to 460.59%. During the reporting period, based on the development prospects of the computing power infrastructure industry and its own advantages, the company vigorously promoted the development of computing power-related businesses, achieving initial results and beginning to recognize revenue. These computing power-related businesses made a significant contribution to the company's performance growth during the reporting period and are becoming a new driving force for the company's performance growth. (Company Announcement)
Mirae Asset's Hong Kong branch will launch a tokenized asset trading platform within three years, initially targeting Hong Kong clients.
According to a report by Straight News, Mirae Asset's Hong Kong branch plans to launch a tokenized asset trading platform within the next three years. This platform aims to convert existing investment assets and traditional financial assets into tokens for clients to trade. The company has recently expanded its business based on its newly launched trading platform, MAPS (Mirae Asset Portfolio Service), striving to transform from institutional business to a client-centric platform. Initially targeting Hong Kong clients, the platform's long-term goal is to establish a cross-regional trading architecture connecting South Korea and overseas markets.
Zhang Yuhang of Beijing Municipal Bureau of Economy and Information Technology: Building a 10,000-calorie computing power cluster, aiming to add over 70,000 petabytes of intelligent computing power this year.
According to Mars Finance, Zhang Yuhang, a second-level inspector of the Beijing Municipal Bureau of Economy and Information Technology, stated on July 8th that the next step is to solidify the foundation of computing power and data. This includes building a computing power structure of "foundation within Beijing and expansion outside Beijing," constructing a 10,000-calorie computing power cluster, and achieving an additional intelligent computing power scale of over 70,000 petabytes within the year; exploring new models such as computing-power collaboration and direct green electricity supply; continuously improving the institutional system for data property rights, authorized operation of public data, and revenue distribution; creating a trustworthy data space; and improving the data circulation service ecosystem. (Beike Finance)
BlackRock to launch Nasdaq 100 ETF, challenging Invesco's dominant position.
PANews reported on July 7th that BlackRock announced on Tuesday the launch of an ETF tracking the tech-heavy Nasdaq 100 index, aiming to meet growing investor demand for participation in the AI-driven stock market rally. The "iShares Nasdaq 100 ETF," launched by the world's largest asset manager, will track this flagship U.S. index and will begin trading on Thursday. This comes shortly after Nasdaq revised its inclusion criteria to expedite the inclusion of newly listed companies like SpaceX. BlackRock's ETF will compete with Invesco's Nasdaq 100-related products; Invesco has long dominated this field, with its QQQ Trust Series 1 and Nasdaq 100 ETF being highly sought after by investors looking to invest in large-cap growth stocks and tech stocks.