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Crypto

BlackRock\'s IBIT outpaces Vanguard\'s S&P 500 ETF in cumulative return

BlackRock\'s spot bitcoin exchange-traded fund iShares Bitcoin Trust (IBIT) has surpassed Vanguard\'s flagship S&P 500 ETF in cumulative returns since its launch in January 2024. Bloomberg senior ETF analyst Eric Balchunas said IBIT slightly outperformed over the comparison period. Bloomberg data show IBIT is up 71% since inception, while Vanguard\'s S&P 500 ETF gained 66% in total return. IBIT\'s assets stand at $61.4 billion, versus about $11.0 billion for Fidelity\'s fund.

Crypto

Trump made 1,051 trades in June, first buys Berkshire and rebought Coinbase

U.S. President Donald Trump (도널드 트럼프) made 1,051 individual trades in stocks, bonds and exchange-traded funds in June, according to a report. A financial disclosure released on Aug. 22 put the total value of transactions in a range of $78.1 million to $263.1 million. Trump first bought Berkshire Hathaway and traded a wide mix of shares and ETFs, including repeated buying and selling of crypto-related Coinbase.

Games & Commerce

Com2uS Holdings posts 5.3 billion won Q2 operating loss; net profit returns to black

Com2uS Holdings said on Tuesday it posted 15.6 billion won in second-quarter revenue, an operating loss of 5.3 billion won and net profit of 7.7 billion won. The company said the operating loss narrowed from the previous quarter due to cost efficiency measures, while net profit returned to black after gains from the sale of part of its stakes in affiliated companies. It plans new game launches and platform expansion in the second half.