After 11 consecutive weeks of outflows, Grayscale Bitcoin Trust ETF has finally experienced positive gain of $63 mn. The continuous cashing out by investors had been a result of the approval and subsequent popularity of competing spot Bitcoin ETFs since January, causing GBTC's outflows to significantly impact the emerging space. The news of GBTC's inflows led to surprise and excitement in market.
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Racks and Rollers IPO allotment status: The Racks and Rollers IPO share allotment will be finalised today (Monday, May 6). Investors who applied for the initial public offer may view the allotment status on the Integrated Registry Management Services Private Ltd - IPO's registrar webpage. Today's basis of allotment enables investors to find out if and how many shares they have been allocated.
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Shares of the company gained more than 19 per cent in the last one month. Shares of Loyal Equipments Limited were locked in the upper circuit on Friday, gaining 5.00 per cent. The stock has witnessed heavy buying activity from investors in the last few days. Hence, the stock is locked in the upper circuit. The company posted robust Quarterly Results.
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