qfx 
Noteworthy developments arose following the U.S. Securities and Exchange Commission (SEC) postponing the transformation of Bitwise’s crypto index fund into an exchange-traded fund (ETF). Intriguingly, the SEC’s trading and markets division granted Bitwise an “expedited approval” for the ETF conversion yesterday, but later on, they deferred the final approval, leading to some uncertainty.
As the market reaches record levels, investors are once again jumping into meme stocks and seem to be focusing on companies with a significant number of short positions that could trigger a short squeeze. Recently popularized stocks include Opendoor, Krispy Kreme, and GoPro.
According to analyst predictions, General Electric’s Vernova division was expected to make $1.50 per share with quarterly revenue of $8.8 billion. However, the company actually announced earnings of $1.88 per share and sales amounting to $9.1 billion instead.
In a SEC filing dated July 10th, Bright Rock Capital Management, LLC disclosed that they had liquidated all their shares of Berkshire Hathaway (BRK-B) during the second quarter of 2025. Consequently, this position was no longer included in their 13F investment portfolio.
Word from Bloomberg is that PNC will let customers buy, sell, and stash cryptocurrencies all within their existing accounts. No need to venture into the wilds of the internet; it’s all tucked safely in PNC’s digital den. This marriage of PNC’s stodgy banking heritage and Coinbase’s shiny crypto tech promises to make dealing with digital assets as simple as forgetting your PIN – but hopefully with fewer panic attacks. The Coinbase Crypto-as-a-Service platform is supposedly the knight in shining armor, ensuring everything’s secure and user-friendly, because nothing says ‘fun’ like a service acronym. 🛡️😂
Polkadot, that fickle darling of the blockchain, is currently engaged in what the plebeians call a “healthy correction” – though I suspect it’s merely catching its breath after exhausting itself with all that upward mobility. The $3.75 level, once a formidable foe (resistance, they call it), now plays the role of potential savior, having undergone that most miraculous of transformations: the “flip” into support. How very modern!
As of 11:09 a.m. ET, shares of Oklo are up 14.1%.
Like a magician revealing his final trick, Jack Dorsey’s prestigious payment conjuring company—Square, under the grand roof of Block Inc.—has decided to sprinkle a little Bitcoin glitter on its merchant roster. Now, vendors are tickled pink to accept Bitcoin payments straight from the eager hands of customers. The Lightning Network plays the role of a cheeky accomplice, allowing transactions to pirouette through Square’s existing systems, sans any new gadgets or hapless third-party apps. 🎩✨
Analysts predicted that GD would make a profit of $3.44 per share and generate $12.2 billion in revenue during Q2. However, they actually announced a higher profit of $3.74 per share and reported sales of $13 billion instead.
Sharkey, Howes & Javer’s TLT allocation now stands at 1.27% of 13F assets under management.