Core Insights - Helius Medical Technologies has rebranded as Solana Company, marking a strategic shift towards digital asset investments, specifically focusing on the Solana blockchain [2][5] - The company is establishing a Digital Asset Treasury (DAT) with a focus on acquiring SOL tokens, following a $500 million fundraising dedicated to this strategy [3][4] - Helius is part of a growing trend where healthcare and pharmaceutical companies are pivoting to cryptocurrency strategies to enhance growth opportunities [5][6] Company Strategy - The rebranding to Solana Company indicates a departure from its original focus on neurotechnology to align with blockchain technology [2] - Helius has signed a non-binding letter of intent with the Solana Foundation, committing to conduct all blockchain activities exclusively on the Solana platform [3] - The agreement with the Solana Foundation allows Helius to purchase SOL tokens at a discounted rate, leveraging SOL's yield-bearing mechanism for potential returns [4] Industry Trend - Helius is the fourth medical company to transition towards a digital asset treasury model in recent months, reflecting a broader trend in the industry [1][5] - Other companies, such as TNF Pharmaceuticals, have also rebranded to focus on cryptocurrency infrastructure development, indicating a significant shift in corporate strategies within the healthcare sector [5][6]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The story about the purchase of Papa John’s pizzas using Bitcoin (CRYPTO: BTC) is legendary, but did you know that someone also once paid for a Big Mac with the world’s largest cryptocurrency Big Mac For 3.5 BTC? Kane Ellis, an Australian entrepreneur, was one of the early believers in Bitcoin and started mining the cryptocurrency in 2010. In a January podcast, he revealed that he was mining three BTC a d ...

After a bull run lasting a decade and a half, the U.S. dollar fell in value by about 11% relative to other currencies in the first half of 2025, the worst performance in decades. A host of factors have contributed, including lasting inflation, uncertainty about tariffs, and other geopolitical turbulence that has impacted markets around the world. This presents an opportunity for savvy investors. Many portfolios may shift toward international companies, commodities, and precious metals through the end of the ...

Core Insights - Smart Digital Group Limited plans to establish a diversified cryptocurrency asset pool, focusing on stable and transparent assets like Bitcoin and Ethereum to align with long-term strategic goals [1][2] - The initiative aims to strengthen the company's position in the digital asset ecosystem and leverage the growing acceptance of cryptocurrencies globally [2] - A structured approach will be implemented for managing and safeguarding cryptocurrency holdings, incorporating robust risk management and compliance protocols [3] Company Strategy - The company intends to allocate resources to established digital assets to enhance portfolio diversification and capture value in the evolving digital economy [2] - Further details regarding the size and allocation of the asset pool will be communicated in accordance with regulatory requirements and market conditions [3]

Core Insights - Bitcoin exchange-traded funds (ETFs) experienced a significant rebound on September 24, with net inflows of $241 million following two days of withdrawals totaling $683 million [1][3][4] Group 1: Bitcoin ETF Performance - BlackRock's iShares Bitcoin Trust (IBIT) led the inflows on September 24 with $128.9 million, bringing its cumulative net inflows to $60.78 billion and total net assets to $87.2 billion [2] - Ark Invest and 21Shares' ARKB followed with $37.7 million in net inflows, raising its historical total to $2.18 billion [2] - Cumulative inflows for Bitcoin ETFs reached $57.49 billion, with total assets now at $149.7 billion, representing 6.62% of Bitcoin's total market capitalization [3][6] Group 2: Ethereum ETF Performance - Ethereum ETFs continued to face outflows, recording $79.4 million in net redemptions on September 24, with Fidelity's FETH leading the outflows at $33.2 million [4][5] - Cumulative inflows for Ethereum ETFs stand at $13.6 billion, while total assets are at $27.4 billion, representing 5.45% of Ethereum's total market value [6]

Core Insights - Virtune, a Swedish regulated crypto asset manager, has launched the Virtune Crypto Altcoin Index ETP on Deutsche Börse Xetra, enhancing its offerings in the German market [1][3][5] Company Overview - Virtune has gained the trust of over 145,000 investors and manages over USD 450 million in assets, positioning itself as a leading issuer of regulated crypto ETPs in Europe [2][8] - The company offers a total of 18 ETPs, with products listed on multiple exchanges including Deutsche Börse Xetra and Nasdaq [8] Product Details - The newly launched Virtune Crypto Altcoin Index ETP provides exposure to up to 10 leading altcoins, with a 100% physical backing by underlying crypto assets held in cold storage with Coinbase [6][7] - The ETP has an annual management fee of 2.50% and began trading on September 23, 2025, under the ticker VRTA [7] Market Positioning - The launch reflects Virtune's commitment to providing secure, transparent, and regulated investment opportunities in the digital asset market for German investors [4][5] - The CEO of Virtune emphasized the importance of altcoins in reflecting the innovation and diversity of the crypto market, aiming to simplify access for investors [4][5]

Core Viewpoint - Smart Digital Group Limited announced its plan to establish a diversified cryptocurrency asset pool, focusing on investments in cryptocurrencies like Bitcoin and Ethereum [1] Company Summary - The company is strategically positioning itself in the cryptocurrency market by creating an asset pool [1] - The focus on major cryptocurrencies such as Bitcoin and Ethereum indicates a targeted investment strategy [1] Industry Summary - The establishment of a diversified cryptocurrency asset pool reflects a growing trend in the financial industry towards digital assets [1] - The emphasis on investing in well-known cryptocurrencies suggests a potential shift in investor interest towards established digital currencies [1]

Core Insights - Digital asset investment products experienced inflows of $1.9 billion following the Federal Reserve's first interest rate cut of 2025, bringing total assets under management to a year-to-date high of $40.4 billion [1][2] Inflows and Performance - Bitcoin funds attracted the largest share of inflows with $977 million, contributing to a four-week total of $3.9 billion [2] - Ethereum saw significant inflows of $772 million, pushing its year-to-date total to a record $12.6 billion [3] - Other cryptocurrencies like Solana and XRP also gained investor interest, with inflows of $127.3 million and $69.4 million, respectively [3] Market Reaction - Following the Fed's interest rate cut, Bitcoin briefly rose above $117,000 before settling at $115,089, down 1.2% in 24 hours [4] - Ether traded as high as $4,600 during the week but slipped back to around $4,465 [4] - The crypto market saw over $105 million liquidated after the Fed Chair's press conference, with significant losses in long positions [4] Institutional Interest - Bitcoin spot ETFs recorded a total net inflow of $222.6 million, with BlackRock's iShares Bitcoin Trust leading at $246.1 million [5] - The cumulative net inflow into Bitcoin spot ETFs now stands at $57.7 billion, representing 6.6% of Bitcoin's market capitalization [5] - Ethereum ETFs also saw notable activity, with BlackRock's ETHA product leading with $144.3 million in inflows [6]

If you had $1,000,000 right now, what’s the first token you’d buy? 💭 ...

Group 1 - The search for the best cryptocurrency investment is intensifying as investors seek projects with real-world adoption and high growth potential [1] - Established cryptocurrencies like Solana are still attracting attention, but Remittix is emerging as a noteworthy project that investors should consider [1] - Remittix has achieved full CertiK verification, indicating a level of security and trustworthiness that may appeal to investors [1]