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Market Talks: Crypto Inflows, Bitcoin Rally And Financial Services Updates

Wall Street Journal Markets •
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Bitcoin exchange-traded funds have seen net inflows exceeding $1 billion over the past two days, driven by renewed crypto appetite linked to the Trump Administration and Treasury Department actions. Bitcoin surged past $79,000 and was recently trading around $76,865. Cryptocurrency-related stocks rose premarket, with Strategy jumping over 9% and Coinbase gaining 6.2%.

Experian shares fell 2.4% after Bernstein analysts noted underlying growth concerns, forecasting organic growth below expectations for 2028 and 2029. Banca Monte dei Paschi di Siena faces high execution risk in its all-share bids for Banco BPM and Banca Generali, with Equita Sim noting the complexity exceeds rival Intesa Sanpaolo's offer. AIA's underlying business quality remains intact following 1H results, though DBS Group Research has lowered new business value projections.

Bitcoin rose to a 12-week high of $75,681. Throughout the session, crypto-linked equities continued their upward trajectory, fueled by regulatory optimism despite the potential failure of the Clarity Act.