Search results for "ERIC"
2026-03-12
04:25

Bridge Data Centres plans to invest up to 5 billion SGD in Singapore for AI development.

Gate News Report, March 12, Bridge Data Centres (BDC) plans to invest up to 5 billion SGD (approximately 3.9 billion USD) in Singapore for artificial intelligence technology development, aiming to accelerate its business growth in Asia. BDC CEO Eric Fan stated that the private company will invest in research projects and facilities, focusing on advanced power architecture, next-generation cooling systems, AI-driven operations, and energy optimization for high-density computing environments.
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16:00

US stock Oil ETF USO sets a new record with over $7.6 billion in daily trading volume

According to Bloomberg analyst Eric Balchunas, the USO crude oil ETF experienced unusually high trading activity on March 9, with a single-day trading volume exceeding $7.6 billion, setting a new record. Since it primarily tracks oil prices through futures contracts, long-term holding may face cost and price retracement risks, so investors should exercise caution. This surge in trading volume mainly resulted from the participation of professional traders and high-risk retail investors.
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00:02

21Shares launches the first spot Polkadot ETF in the US, with a fee of 0.3% and seed funding of $11 million.

Gate News Announcement, March 7, Bloomberg senior ETF analyst Eric Balchunas revealed that 21Shares launched its first spot Polkadot ETF in the U.S. market today, with a fee of 0.30% and an initial seed capital of approximately $11 million. 21Shares stated in the product description that the uniqueness of Polkadot lies in its aim to connect multiple independent blockchains into an interoperable network, enabling developers to build and operate their own customized blockchains on it.
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DOT-3,48%
02:25

Bloomberg Analyst: About half of Solana ETF inflows come from institutional buyers with assets under management exceeding $100 million

Bloomberg analyst Eric Balchunas pointed out that since the launch of the spot ETF in July, SOL has fallen 57%, but the ETF still attracted $1.5 billion in capital inflows with very few redemptions. About 50% of the funds come from institutional investors who file 13F reports, indicating an optimistic outlook for the future.
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SOL-0,11%
06:06

The battle for stablecoin yields escalates: Eric Trump angrily criticizes banks as "anti-American," and crypto regulation bills stall.

The conflict between US cryptocurrency regulation and traditional banking is intensifying. Eric Trump criticized large banks for blocking stablecoin yields, claiming it is an effort to maintain a "low interest rate monopoly." At the same time, Trump also accused lobbying groups of hindering the progress of crypto legislation. The congressional bill on stablecoins is moving slowly and faces disputes from all sides. If no consensus is reached, it could lead to ongoing regulatory uncertainty for the crypto industry.
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