Core Viewpoint - Flow Traders Ltd. reported strong financial results for 2Q 2025, with significant increases in net trading income and total income, reflecting the effectiveness of its growth and diversification strategy [4][17]. Financial Overview - Net trading income reached €143.4 million in 2Q25, an 80% increase from €79.5 million in 2Q24 [3][4]. - Total income for the quarter was €143.9 million, up 89% from €76.2 million in the same period last year [3][4]. - EBITDA was €68.0 million, representing a 210% increase compared to €21.9 million in 2Q24, with an EBITDA margin of 47% [3][5]. - Net profit for 2Q25 was €51.3 million, yielding a basic EPS of €1.18, a 295% increase from €13.0 million and basic EPS of €0.30 in 2Q24 [5][4]. Revenue by Region - Revenue from Europe in 2Q25 was €78.7 million, a 62% increase from €48.6 million in 2Q24 [6]. - The Americas saw a 125% increase in revenue to €30.2 million from €13.4 million in 2Q24 [6]. - Asia experienced a 147% increase in revenue, reaching €35.1 million compared to €14.2 million in 2Q24 [6]. Trading Capital and Performance - Trading capital stood at €831 million at the end of 2Q25, a 33% increase from €624 million at the end of 2Q24 [4][9]. - The return on average trading capital was 75% in 2Q25, up from 58% in 2Q24 [9]. Market Environment - The second quarter saw increased volatility in traditional asset classes, particularly in equity, after a period of muted activity [10][18]. - Trading volumes in the U.S. increased by low double-digit percentages year-on-year, with market volatility rising significantly [12]. - In Asia, trading volumes were mixed, with significant increases in Hong Kong and China, while Japan saw slight increases [14]. Leadership Update - Thomas Spitz will join Flow Traders as Chief Executive Officer on 1 September 2025, pending regulatory and shareholder approval [2]. Outlook - Fixed operating expenses guidance for the year remains unchanged, expected to be in the range of €190-210 million due to technology investments and operational efficiency gains [16].

And I got to tell you, it's pretty meh as far as what's going to happen with the regulatory clarity, digital assets, and making the United States the bellweather for Bitcoin moving forward. So, we'll get into all that. But, of course, today market didn't like that. Market didn't like that. Market didn't also like the fact that Jerome Powell didn't cut rates.I don't know anybody who thought that he would, but here we are. Even the S&P 500's down a little bit today. So the trady people are also feeling the st ...

🇺🇸 JUST IN: Bo Hines says the U.S. aims to accumulate Bitcoin in a budget-neutral way while building long-term infrastructure and clear regulations for digital assets. https://t.co/q4cWMy4uh5 ...

RT Real Vision (@RealVision)🚨 Washington’s Next Steps for Digital AssetsDue to popular demand, Tyler Williams, Counselor to the US Treasury Secretary for Digital Assets, returns to RV Pro with @AshBennington.This time, Tyler is joined by @BoHines47, Executive Director of the President's Council of Advisers for Digital Assets 🇺🇸Together, they break down their most recent report, “Strengthening American Leadership in Digital Financial Technology." (link in comment) ...

The White House digital assets report recap in :73 seconds📣: @JennSanasie https://t.co/oTD2ixe1N9 ...

Regulatory Framework - The President's Working Group recommendations are the result of months of inter-agency collaboration [1] - A regulatory framework for digital assets is viewed as the optimal approach to stimulate American innovation [1] Digital Assets - The statement reflects a conviction that a regulatory framework is the best way to catalyze American innovation in digital assets [1]

Industry Overview - Crypto adoption in America is driving a revolution in global financial markets [1] Regulatory Landscape - The White House Digital Assets Report quotes Satoshi Nakamoto on secure and effortless transactions [1] Technological Advancement - Sei facilitates faster market movements [1]

JUST IN: 🇺🇸 US Director of Digital Assets Bo Hines says "we're enormous fans of Bitcoin.""We want as much as we can possibly get." https://t.co/Jew4uSNKXA ...

RT Paul Atkins (@SECPaulSAtkins)The President’s Working Group recs follow months of collaboration across agencies and perspectives. It reflects a conviction I have long held: a regulatory framework for digital assets is the best way to catalyze American innovation.My full statement: https://t.co/R6c8W8cvqN https://t.co/4Y832ycSmP ...

RT Arjun Sethi (@arjunsethi)On the White House’s Digital Assets FrameworkToday the White House released one of the most significant digital asset policy frameworks we have seen to date. It does not try to please everyone and that is a good thing. It picks a direction: pro innovation, pro market, and grounded in the idea that the United States should lead in building the next generation of financial infrastructure.There is a lot in the report. It was also great to see Kraken recognized in the report. A few p ...