Why Bitcoin ETFs Exploded to $9.7 Billion in Volume as Trade War Fears Raised

Bitcoin ETFs saw an increase in trading activity on Friday and Monday, with combined volumes reaching $9.7 billion and $6.7 billion as tariff headlines shook risk-on markets. BlackRock’s IBIT alone transacted more than $6.9 billion on October 10 (its second highest day on record), as investors repositioned based on the day’s price volatility. Bitcoin ETF…

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Stock market rotation out of AI is just getting started, analysts say

Investors rushed out of the AI ​​sector last week and rushed into materials, industrials, financials and healthcare, representing a sector rotation that could persist, Wall Street analysts say. Oracle stock led AI’s latest selloff after the hyperscaler’s earnings report and spending forecast renewed fears about excessive capital spending. Jeremy Siegel, Wharton professor emeritus and WisdomTree…

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