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Unitree Robotics saw its shares rise nearly 12% intraday, with 24-hour trading volume on Trade.xyz hitting $28.82 million.

55 minutes ago

Bitget market data shows that China's A-share listed firm Unitree Technology rose 11.97% intraday, now trading at 698.68 yuan. Meanwhile, TradingBeats data indicates the Unitree (UNITREE) contract trading pair on Trade.xyz briefly broke through $100, posting a 3.97% 24-hour gain and $28.82 million in 24-hour trading volume.

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Franklin Templeton Plans to Launch Two Bitcoin ETFs With Dividend Reinvestment

Asset management giant Franklin Templeton has filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC) to complete the Nasdaq listing registration for two new exchange-traded funds (ETFs). The prospectus indicates the funds will take effect on October 27, and the market widely expects them to start trading soon. The two products are the Franklin US Equity Bitcoin DRIP Index ETF (ticker: FBEQ) and the Franklin US Innovation Bitcoin DRIP Index ETF (ticker: FIBT). The former tracks the VettaFi US Large-Cap 500 Bitcoin DRIP Index, covering about 500 of the largest U.S. companies by market cap; the latter tracks the VettaFi US Innovation 100 Bitcoin DRIP Index, focusing on the 100 largest non-financial Nasdaq-listed companies. Both funds adopt a passive index strategy, with an initial asset allocation of approximately 95% U.S. equities and 5% Bitcoin exposure. The core mechanism of the products is "Bitcoin Dividend Reinvestment Plan (Bitcoin DRIP)". Unlike traditional dividend reinvestment plans, these two ETFs do not reinvest ordinary and special dividends from stocks back into the equities themselves. Instead, on the opening of the day after the ex-dividend date, the dividend cash is automatically used to increase Bitcoin-related exposure. Bitcoin exposure is primarily achieved through Bitcoin exchange-traded products (including Franklin’s own spot Bitcoin ETF EZBC), futures, options, or other related instruments; the funds do not directly hold on-chain Bitcoin. To control risks, the indices have clear rebalancing rules: if the Bitcoin weight exceeds 5% during quarterly rebalancing, it will be reduced to 4.5%; if the Bitcoin weight exceeds 20% during the rebalancing interval, it must be cut back to 4.5% within two trading days. The documents show FBEQ has a management fee of 0.09%, while FIBT’s is 0.19%, with neither charging 12b-1 fees.

3 minutes ago

South Korea's KOSPI index closed down 1.45%

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Binance will add 4 new Trade.Fi perpetual contracts

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Unitree Robotics rallied sharply before pulling back, with its gains narrowing to 8.81%.

According to Bitget market data, A-share listed Yushu Technology rose sharply then pulled back, its gain narrowing from the previous 18% to 8.81%, with its current share price standing at 679 yuan.

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Binance’s UNITREE contract funding rate hits an extreme negative value of -1.12%

According to market data, as A-share listed Unitree Robotics surged 18% intraday, the 4-hour funding rate for the UNITREE/USDT contract pair on Binance reached -1.12%, equivalent to an annualized funding rate of 2452.8%. If the funding rate holds steady (it had widened to -1.16% as of press time), traders shorting with 10x leverage would theoretically exhaust their entire principal in just a day and a half from funding fees alone, even if the contract price remains unchanged.

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OpenAI 28-Day Product Sprint: Day 21 – No one knows what will be accomplished in the remaining 7 days, but Tibo just keeps hitting the Reset button over and over again.

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