Profit-Taking Hits BlackRock’s Bitcoin ETF While BTC Recovers

The post Profit-Taking Hits BlackRock’s Bitcocom. Bitcoin For most of 2024, BlackRock’s IBIT has acted like a black hole inside the Bitcoin ETF universe money went in and rarely came back out. Key Takeaways: IBIT outflows show institutions taking profit during the rebound. Money is rotating between Bitcoin ETFs, not exiting the asset class. Sustained IBIT redemptions during a BTC rise could hint at distribution. That dynamic is now showing cracks. While Bitcoin has bounced sharply off last week’s lows, the largest issuer in the category is no longer the one capturing the recovery. Market data shows that some of the biggest allocators used the recent price rebound not to increase exposure but to lighten their positions. IBIT posted one of its largest single-day redemptions of the quarter on November 24 and only partially made up for it the following session. The two-day ledger still finished negative by more than $66 million. A recovery without renewed accumulation In previous rallies toward the $90,000 region, IBIT was almost automatically the recipient of fresh institutional capital. This time, the pullback has been met with rebalancing instead of reinforcement. The message from those flows is less about fear and more about discipline. Large investors appear willing to defend performance gains rather than chase upside. Nothing about that behavior means institutions are abandoning Bitcoin. Other issuers have benefited from the rotation. Fidelity’s FBTC once a distant runner-up recorded nearly $171 million in inflows during the same window that IBIT was shrinking. ARK’s ARKB and Bitwise’s BITB, meanwhile, sat on the opposite side of that equation with withdrawals. What the shift could mean for the wider market ETF analysts have long used BlackRock’s ledger as a proxy for risk appetite because IBIT is the first stop for allocators with conviction. When that fund is no longer the automatic.

Adobe Acrobat Studio review: The most popular PDF editor goes all in on AI

Macworld At a glanceExpert’s Rating Pros Includes access to Adobe Express Premium, AI chatbot, 250 generative credits, and more Cross-platform solution available on desktop, mobile, and the web Private approach, pledges not to train AI models using your data Cons Steep price of $35/month or $300/year Mac version installs a ton of bloatware Can’t directly edit files in PDF Spaces Our Verdict Adobe Acrobat Studio is highly reliable for extracting data from complex documents, summarizing them, and making them more presentable. It could assist with work assignments, major purchases or investments, university research papers, and much more. Price When Reviewed This value will show the geolocated pricing text for product undefined Best Pricing Today Price When Reviewed$35 per month or $300 per year Best Prices Today: Acrobat Studio Retailer Price Adobe $35 View Deal Price comparison from over 24, 000 stores worldwide Product Price Price comparison from Backmarket A few years ago, if you had told me that in 2025 we’d be chatting with our documents, I would’ve giggled and questioned your sanity. Now it’s the new norm, with companies like OpenAI and Google letting you upload files to their AI platforms and have their chatbots analyze their contents on your behalf. To maintain its dominance in the productivity space, Adobe has launched a similar AI-centric service called Acrobat Studio. Like OpenAI’s ChatGPT Projects and Google’s NotebookLM, Acrobat Studio lets you upload multiple documents to a dedicated digital space. You can then ask the AI chatbot questions about the uploaded information, sparing you from manually reading long walls of text. The subscription also bundles other Adobe services, like Express Premium, the full PDF editing toolbox, 250 generative credits for AI-made media, 100GB of cloud storage, and more. A wide range of documents can be uploaded to Acrobat Studio, including Word and Excel files. Foundry PDF Spaces is Acrobat Studio’s main exclusive perk. While it’s called PDF Spaces, you can actually upload a wide range of file formats to it, including Microsoft Word, Excel, and PowerPoint. Each space can accommodate up to 100 files at a time, which should be sufficient for most users’ needs. Once you’re done setting up a space, it becomes an independent knowledge base that takes all of the uploaded files’ contents into account. It will then automatically generate insight cards that include handy pieces of information, like summaries, prominent themes, tables breaking down complex details, etc. Each space also has an integrated AI chatbot to which you can direct your questions. The chatbot can be customized to analyze your documents from a certain viewpoint. Foundry One thing I appreciate about the AI integration in PDF Spaces is the ability to customize the chatbot. If your uploaded files revolve around legal matters, for example, you can instruct the assistant to view the document through a lawyer’s lens. The insight cards will also refresh and adapt accordingly. Like similar services, however, the AI chatbot may hallucinate, and the app explicitly warns that you should double-check its results. Fortunately, the chatbot lists citations when answering queries about your documents. If you’re unsure about a certain tidbit, you can quickly jump to the source to verify its accuracy. Adobe also pledges not to train its AI models using the data you upload to its service, making Acrobat Studio more reliable for sensitive matters. Other neat features include online collaboration and support for taking and editing notes relevant to a certain space. The Studio tier is sold under Adobe’s Acrobat brand and bundles the PDF editing suite included with the cheaper Pro version. Despite that, the PDF editing tools are seemingly absent from PDF Spaces. If you want to make changes to an uploaded file (PDF or otherwise), you’ll need to download it from the space, load it in Adobe’s separate PDF editor to amend it, save it, re-upload it to the space, and delete the duplicate file. A useful ecosystem integration would’ve been support for direct PDF file edits inside these digital hubs. Insight cards provide the user with an analysis of the documentation. Foundry Price and availability Adobe Acrobat Studio is available as a recurring subscription service, costing $35 per month or $300 as an annual plan. At the time of writing, the pricing webpage specifies that this is a limited-time, early-access offer. As such, the service could cost even more in the coming weeks. Like other popular Adobe products, you can access Acrobat Studio from desktop, mobile, and the web. If you’re using macOS, I advise you to opt for the website, as the native Acrobat app installs a ton of unnecessary bloatware that will fill up your Mac’s App Library. For more information on Adobe’s pricing read: Adobe Creative Cloud pricing: How to get the best deal. Should you invest in Adobe Studio? Acrobat Studio’s pricing and bundled services don’t make a lot of sense. A welcome move would be offering PDF Spaces as a standalone tool for a cheaper price. It would better compete against ChatGPT Projects and Google NotebookLM, which cost significantly less and serve a comparable purpose. Users who also need Acrobat Pro’s PDF editor, Express Premium’s templates, and the generative credits would get the option to pay extra for the voluntary add-ons. That’s not to say Adobe Acrobat Studio is an invalid product, however. Those who already pay for Acrobat Pro and Express Premium will appreciate the comprehensive bundle and its exclusive PDF Spaces. The AI-powered feature is highly reliable for extracting data from complex documents, summarizing them, and making them more presentable. It could assist with work assignments, major purchases or investments, university research papers, and much more.

Big News: First Ever XRP ETF Cleared for Nasdaq Listing This Week

The post Big News: First Ever XRP ETF Cleared for Nasdaq Listing This Week appeared com. The post Big News: First Ever XRP ETF Cleared for Nasdaq Listing This Week appeared first to get SEC registration. According to reports, the ETF was automatically approved after the issuer filed a Form 8-A with the U. S. Securities and Exchange Commission (SEC). The filing, signed by Canary Capital Group CEO Steven McClurg on November 10, 2025, confirms that the ETF’s shares are registered under the Securities Exchange Act of 1934 and will trade under the ticker “XRPC.” This means the long-awaited XRP fund could begin trading in just a few days. What the Filing Reveals According to the SEC document, the ETF’s shares are registered under the Securities Exchange Act of 1934, with the Nasdaq designated as the official trading venue. The registration refers back to the Form S-1 filing submitted on October 24, 2025, which outlined the trust’s structure and investment approach. The ETF will operate as a common share of beneficial interest, managed by Canary Capital Group LLC, with the intent of providing investors exposure to XRP in a regulated, accessible format. Market Getting Excited The news has already boosted XRP’s price, helped by other positive signs like the possible end of the U. S. government shutdown. Many in the crypto community say this ETF could attract new investors and bring XRP closer to mainstream markets. Source:.