ETF Bitcoin spot: -$8.95 billion in May-June, the bleeding continues
Two months of record outflows: US spot Bitcoin ETFs lose nearly $9B cumulatively. The institutional channel withdraws as the price rebounds on the dovish NFP.
6 h ago 6 6
Shortened week, strong signal: June's jobs report validates the Fed pause and reignites global risk-on
147,000 jobs in June, below expectations - but unemployment falls due to contraction in the labor force. Markets have chosen their interpretation: dovish. The question remains whether this will hold until the FOMC on July 29-30.
21 h ago 8 8
Eleanor Whitfield
NFP June 2026: 147K jobs below consensus, unemployment down due to contraction - market reads dovish ahead of July 4th
Fewer jobs than expected, unemployment declining for the wrong reasons: June's NFP report gives markets the dovish reading they were waiting for. July's FOMC meeting becomes the pivotal issue under Warsh.
yesterday 7 9
Heinrich Vogel
NFP June 2026: Disappointing Jobs, Deceptive Unemployment - The Fed Trapped Ahead of the FOMC
The U.S. employment report for July 3 presents an end-of-cycle paradox: job creation is slowing, but the unemployment rate is falling—not due to economic strength, but because of a shrinking labor force linked to tighter migration policies. Markets are relieved, but Warsh's Fed doesn't have a free hand.
yesterday 9 13
Heinrich Vogel
AeroVironment Crushes Q4 Forecasts: Tactical Drone Enters a Supercycle
AVAV soars after record results. The market validates the thesis: tactical drones have become a permanent budget line for Western armies.
Jul 2, 2026 at 10:17 8 8
Daniel Schmidt
Bitcoin spot ETFs: -$4 billion in June 2026, worst month since launch
In June 2026, spot bitcoin ETF holders voted with their feet: $4 billion in net redemptions in a single month, a record since the launch of the products in the United States in January 2024. The mechanism is clear—and microstructure signals confirm it.
Jun 29, 2026 at 09:03 9 11
Yuki Tanaka
Micron Smashes Records: The Semiconductor Signal That Could Halt the Tech Sell-Off
A record quarter for Micron reshuffles the deck after ten days of tech correction - but the real test remains the same-day PCE reading.
Jun 25, 2026 at 16:28 9 9
Eleanor Whitfield
ECB: Kazimir confirms the downward direction, but each step remains data-dependent
Peter Kazimir reaffirms the ECB's accommodative trajectory amid contracting PMIs. The divergence between a hawkish Fed and a dovish ECB deepens - implications for the euro and European sovereign bonds.
Jun 24, 2026 at 18:35 13 12
Heinrich Vogel
Bitcoin: Liquidity Dries Up, $59,000 Floor Still in Sight
Funding rates on the rise, on-chain liquidity contracting, growing correlation with the Nasdaq tech. Bitcoin's microstructure points to $59,000 as the next liquidity support-but contrarian indicators also signal a floor zone.
Jun 24, 2026 at 18:35 11 10
Yuki Tanaka
China in Overproduction Mode: Exported Deflation and Capital Flow Recomposition
China's supply-driven growth strategy has resulted in a negative PPI for 23 consecutive months and a record trade surplus of $990 billion. Heinrich Vogel analyzes the mechanisms and implications for global sector allocations.
Jun 24, 2026 at 18:03 12 8
Heinrich Vogel
Rocket Lab VICTUS HAZE: New TacRS Record and Strengthened Position in Tactical Space Defense
Rocket Lab completes end-to-end VICTUS HAZE mission and sets new Tactically Responsive Space (TacRS) record. Against a backdrop of rising defense budgets, this operational demonstration shifts market perceptions of tactical space capability responsiveness.
Jun 24, 2026 at 10:00 9 8
Daniel Schmidt
Argentum AI lands a $4.1 billion cloud compute mega-deal: 27,000 Nvidia GB300 GPUs for a mystery client
A specialized cloud GPU provider signs one of the largest publicly disclosed AI infrastructure contracts-and the client's anonymity may be the real strategic insight.
Jun 23, 2026 at 21:45 5 4
