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BT Brands

BT Brands Inc operates and owns a fast-food restaurant called Burger Time. The company also operates in Minnesota as a franchisee of Dairy Queen. It offers a variety of burgers and other affordably priced foods such as chicken sandwiches, pulled pork sandwiches, chicken chunks, side dishes, and soft drinks.

BT Brands Inc

Shares of SharpLink Gaming Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBET#NASDAQ">SBET</a>) are trading lower Friday, pulling back from a significant rally earlier in the week. The decline follows a prospectus filed with the SEC after market close on Thursday, revealing plans to <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=319306711&amp;type=PDF&amp;symbol=SBET&amp;cdn=012bb54b9ba5e975c269feadeeccea3e&amp;companyName=SharpLink+Gaming+Inc.&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2025-07-17">massively increase</a> its stock offering program.
What To Know: In the filing, SharpLink announced it is increasing its at-the-market sales agreement by $5 billion, bringing the total amount of common stock that may be sold to $6 billion. The company stated it intends to use substantially all of the proceeds to acquire more Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>). The agreement with sales agent A.G.P./Alliance Global Partners was also amended to permit the forward sale of shares.
This week's earlier excitement was sparked by Tuesday's announcement that SharpLink had become the <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46475891/whats-going-on-with-sharplink-gaming-sbet-stock-2">world&#8217;s largest corporate holder</a> of Ethereum, possessing 280,706 ETH. The company financed its recent crypto purchases by raising capital through its existing ATM facility.
To maximize returns, SharpLink has staked 99.7% of its Ethereum holdings, a move that has already generated 415 ETH in rewards since June 2, 2025. While the market initially cheered the company&#8217;s aggressive crypto strategy, Friday&#8217;s downturn suggests investor concern over potential share dilution from the newly upsized multi-billion dollar offering.
Benzinga Edge Rankings: According to <a href="http://benzinga.grsm.io/register174">Benzinga Edge</a> stock rankings, SharpLink Gaming exhibits the profile of a strong momentum name that is considered overvalued. The stock boasts an exceptionally high Momentum score of 99.39, indicating significant positive price movement and strength relative to the market. 
This is contrasted by a very low Value score of 0.74, which suggests that based on fundamental metrics, the stock is trading at a premium.
Price Action: According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, SBET shares are trading lower by 17.6% to $30 Friday afternoon. The stock has a 52-week high of $124.12 and a 52-week low of $2.26.
Read Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46494778/67m-for-more-eth-bit-digital-expands-its-ethereum-treasury-beyond-120000-coins">$67M For More ETH: Bit Digital Expands Its Ethereum Treasury Beyond 120,000 Coins</a>
<h2 class="wp-block-heading">How To Buy SBET Stock</h2>
By now you're likely curious about how to participate in the market for SharpLink Gaming &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share.
In the case of SharpLink Gaming, which is trading at $30 as of publishing time, $100 would buy you 3.33 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
Image: Shutterstock

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SBET

SharpLink (SBET) Shares Plunge After Filing To Sell An Additional $5 Billion in Stock

Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>), one of the largest brokerage firms in the United States, has confirmed plans to launch Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) trading <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43923960/citadel-securities-moves-into-crypto-market-making-following-trumps-crypto-friendly-regulation-push">services for its retail clients.</a>
What Happened: The announcement was made by Schwab CEO Walt Bettinger during a conversation with CNBC on Friday, where he said, &#8220;We also anticipate launching Bitcoin and Ether sometime soon so that our clients have access to that… They really want to bring it back to Schwab because they trust us. They want it to sit alongside their other assets."
Bettinger noted that a significant number of Schwab clients currently hold a small portion of their crypto, typically 1–2%, at "digital native firms" but prefer consolidating those assets within Schwab's existing wealth management infrastructure. 
The firm expects this product rollout to be a growth driver.
Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46497183/first-strategy-now-mei-pharma-litecoin-joins-bitcoin-as-treasury-asset">First Strategy, Now MEI Pharma: Litecoin Joins Bitcoin As Treasury Asset</a>
Why It Matters: With this move, Charles Schwab joins a growing list of major brokerages offering direct crypto access:
<ul class="wp-block-list">
<li>Fidelity Investments launched Bitcoin and Ethereum trading for retail investors through its Fidelity Crypto platform in 2023.</li>
<li>Robinhood (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) supports trading for several cryptocurrencies, including BTC, ETH, Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), and has been active in crypto custody and wallet products.</li>
<li>Interactive Brokers introduced crypto trading in partnership with Paxos, allowing clients to trade BTC, ETH, Litecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>), and BCH directly through its platform since 2021.</li>
<li>E&#x2A;TRADE, owned by Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), began offering Bitcoin and Ethereum trading to select clients via third-party partnerships in 2024.</li>
</ul>
Schwab already has indirect crypto exposure through its participation in EDX Markets, a crypto exchange backed by Fidelity, Citadel Securities, and Virtu Financial. However, the forthcoming launch marks Schwab's first direct retail crypto offering.
The development comes as the U.S. Congress advances the CLARITY Act, landmark legislation passed by the House of Representatives in June.
The Act establishes clearer regulatory boundaries between the SEC and CFTC, creates tailored rules for decentralized networks, and provides a structured framework for token classification. 
The CLARITY Act aims to replace the current patchwork of enforcement with defined compliance pathways, giving traditional financial institutions the confidence to enter the digital asset space <a href="https://www.benzinga.com/crypto/25/07/46480331/the-us-just-took-a-big-step-toward-crypto-regulation-heres-what-the-clarity-act-actually-says">with fewer legal uncertainties.</a>
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46494778/67m-for-more-eth-bit-digital-expands-its-ethereum-treasury-beyond-120000-coins">$67M For More ETH: Bit Digital Expands Its Ethereum Treasury Beyond 120,000 Coins</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

$DOGE

$LTC

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HOOD

SCHW

Charles Schwab To Launch Bitcoin, Ethereum Trading Services

Scotiabank analyst Robert Hope maintains Brookfield Renewable (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEP#NYSE">BEP</a>) with a Sector Outperform and raises the price target from $29 to $30.

Price Target

Analyst Ratings

Scotiabank Maintains Sector Outperform on Brookfield Renewable, Raises Price Target to $30

Scotiabank analyst Brandon Bingham maintains Kinder Morgan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMI#NYSE">KMI</a>) with a Sector Perform and raises the price target from $27 to $28.

Scotiabank Maintains Sector Perform on Kinder Morgan, Raises Price Target to $28

Roth Capital analyst Scott Searle maintains Airgain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRG#NASDAQ">AIRG</a>) with a Buy and lowers the price target from $8 to $7.

AIRG

Roth Capital Maintains Buy on Airgain, Lowers Price Target to $7

Bristol Myers Squibb &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>) on Friday announced topline results from the Phase 3 INDEPENDENCE trial evaluating Reblozyl (luspatercept-aamt) with concomitant janus kinase inhibitor (JAKi) therapy in adult patients with myelofibrosis-associated anemia receiving <a target="_blank" href="https://www.benzinga.com/general/biotech" rel="noreferrer noopener">red blood cell (RBC) transfusions</a>.
The study did not meet its primary endpoint of RBC transfusion independence during any consecutive 12-week period, starting within the first 24 weeks of treatment, compared to placebo (p=0.0674).
Patients saw a numerical and clinically meaningful improvement in RBC transfusion independence favoring Reblozyl, in line with previous results <a target="_blank" href="https://www.benzinga.com/pressreleases/25/07/b46488740/bristol-myers-squibb-announces-topline-results-from-phase-3-independence-trial-for-reblozyl-luspat" rel="noreferrer noopener">from the Phase 2 trial</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/health-care/25/07/46478200/bristol%e2%80%91myers-squibb-pfizer-set-to-launch-direct%e2%80%91to%e2%80%91patient-eliquis-at-40-off" rel="noreferrer noopener">Bristol‑Myers Squibb, Pfizer Set To Launch Direct‑To‑Patient Eliquis At 40% Off</a>
Several key secondary measures also showed a clinically meaningful benefit favoring Reblozyl, which included a higher number of patients who achieved at least a 50% reduction (and by at least 4 RBC units) in RBC transfusion burden, as well as a higher number of patients achieving a hemoglobin (Hb) level increase by at least 1 g/dL while remaining transfusion independent for at least 12 consecutive weeks.
Frequently observed treatment-emergent adverse events were consistent with Reblozyl&#8217;s previously reported safety profile across indications. The company will engage with the FDA and EMA to discuss the submission of marketing applications.
Reblozyl is a standard of care for the first-line treatment of anemia without previous erythropoiesis stimulating agent use (ESA-naïve) in adult patients with very low- to intermediate-risk myelodysplastic syndromes (MDS) who may require RBC transfusions, failing an erythropoiesis stimulating agent and requiring two or more RBC units over 8 weeks in adult patients with very low- to intermediate-risk myelodysplastic syndromes with ring sideroblasts or with myelodysplastic/myeloproliferative neoplasm with ring sideroblasts and thrombocytosis, and treatment of anemia in adult patients with beta thalassemia who require RBC transfusions.
Price Action: BMY stock is trading lower by 1.40% to $47.39 at last check Friday.
Read Next:
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<li><a href="https://www.benzinga.com/markets/earnings/25/07/46490461/autolivs-q2-pops-on-solid-tariff-recovery-but-china-overhang-pressures-stock" target="_blank" rel="noreferrer noopener">Autoliv&#8217;s Q2 Pops On Solid Tariff Recovery, But China Overhang Pressures Stock</a></li>
</ul>
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Biotech

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Health Care

Movers

General

Bristol Myers' Drug Flunks Blood Cancer-Associated Anemia Trial

Scotiabank analyst Konark Gupta maintains Republic Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSG#NYSE">RSG</a>) with a Sector Perform and raises the price target from $250 to $260.

Scotiabank Maintains Sector Perform on Republic Services, Raises Price Target to $260

A seemingly offhand comment by President Donald Trump may have caused more than political rumination; it&#8217;s now causing turmoil in commodity markets, with <a href="https://www.benzinga.com/etfs">impacts for ETF investors</a>.
On Wednesday, Trump said Coca-Cola Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) was <a href="https://www.benzinga.com/markets/equities/25/07/46466085/trumps-push-for-cane-sugar-in-coca-cola-could-trigger-massive-job-losses-warns-corn-refiners-association-adm-ingr-slip-in-pre-market">considering making the move</a> from high-fructose corn syrup (HFCS) to cane sugar for its U.S. drinks. Although the soft drink giant hasn&#8217;t made any announcement, the statement was sufficient to cause shares of corn refiners Archer-Daniels-Midland Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>) and Ingredion Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INGR#NYSE">INGR</a>) to decline in early trading, as markets absorbed the possible implications for HFCS demand. Nonetheless, Archer-Daniels-Midland managed to pare some of its losses on Friday morning regular trading.
And now, ETF observers are sitting up and taking notice.
Also Read: <a href="https://www.benzinga.com/news/politics/25/07/46457941/trump-says-coca-cola-has-agreed-to-use-real-cane-sugar-in-their-us-sodas-its-just-better">Trump Says Coca Cola Has Agreed To Use Real Cane Sugar In Their US Sodas: &#8216;It&#8217;s Just Better&#8217;</a>
<h2 class="wp-block-heading">Sweetener Shock: What&#8217;s At Stake</h2>
HFCS is made from corn, and even though, according to Reuters, it represents only 2.5% of overall U.S. corn consumption, any change in demand by a behemoth like Coca-Cola has potential ripple effects across the value chain in agriculture. That includes commodity ETFs that have direct or indirect exposure to corn prices, particularly those tracking futures contracts or firms in the corn refining industry.
Meanwhile, a switch to cane sugar would spur the outlook for sugar-benchmarked ETFs, especially if the shift is the beginning of a larger trend or a domino effect for other soft drink manufacturers.
<h2 class="wp-block-heading">ETFs In Play</h2>
Teucrium Corn Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CORN#NYSE">CORN</a>): The ETF offers direct exposure to corn futures and can feel the pinch if demand estimates slump with a lower HFCS presence.
Teucrium Sugar Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CANE#NYSE">CANE</a>): If demand for cane sugar increases, whether domestic or worldwide, CANE may profit from favorable fundamentals.
Invesco DB Agriculture Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBA#NYSE">DBA</a>): This multi-commodity agricultural ETF has positions in corn and sugar, potentially providing a hedged play on the developing sweetener tug-of-war. Hence, this stands to benefit if the policy shift materializes.
<h2 class="wp-block-heading">Industry Response: Corn Refiners Cry Foul</h2>
The Corn Refiners Association quickly countered Trump&#8217;s assertion, threatening &#8220;massive job losses&#8221; and declaring the notion a blow to American agriculture. They pointed out that HFCS is a vital part of the domestic farm economy and maintained that replacing it with imported cane sugar would make America non-competitive.
Whether Trump&#8217;s remark was more flavor than substance, the market&#8217;s response indicates that ETF investors are attuned to even nuanced changes in commodity narratives, particularly when they concern politically fraught issues such as food supply chains, trade tariffs and employment.
<h2 class="wp-block-heading">What Comes Next?</h2>
Until Coca-Cola officially confirms the rumor, the story is conjecture. But ETF strategists might still need to monitor closely:
<ul class="wp-block-list">
<li>Future commentary from leading food and beverage players</li>
<li>Policy changes related to farm subsidies or tariffs</li>
<li>Sentiment-driven, as opposed to supply-and-demand, volatility in commodity futures</li>
</ul>
For the moment, the ETF lesson is straightforward: in a universe where one presidential remark can shake up agri stocks, the sweetener game just became a bit less sweet, or sweeter, depending on your perspective.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/etfs/new-etfs/25/07/46492558/defense-growth-story-wisdomtree-etf-betting-big-on-europes-arsenal">Defense Is The New Growth Story—This WisdomTree ETF Is Betting Big On Europe&#8217;s Arsenal</a></li>
</ul>
Photo: Shutterstock

Government

Sector ETFs

Politics

Trading Ideas

ETFs

CANE

CORN

INGR

Corn Crash Or Sugar Rush? ETFs React To Trump's Sweet Talk On Coca-Cola

Roth Capital analyst Scott Searle maintains Ceragon Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRNT#NASDAQ">CRNT</a>) with a Buy and lowers the price target from $5 to $4.

CRNT

Roth Capital Maintains Buy on Ceragon Networks, Lowers Price Target to $4

Scotiabank analyst Konark Gupta maintains Waste Connections (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WCN#NYSE">WCN</a>) with a Sector Perform and lowers the price target from $206 to $202.

Scotiabank Maintains Sector Perform on Waste Connections, Lowers Price Target to $202

ASP Isotopes Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASPI#NASDAQ">ASPI</a>) shares are surging Friday morning as the stock trends across social media. The company on Thursday provided several positive updates on its isotope enrichment facilities in Pretoria, South Africa. Here&#8217;s what investors <a href="https://www.benzinga.com/quote/ASPI/news">need to know</a>.
What To Know: The advanced materials company <a href="https://www.benzinga.com/pressreleases/25/07/g46464138/asp-isotopes-inc-announces-updates-on-the-progress-of-commercial-production-at-its-three-enrichmen">announced</a> it began commercial production of Silicon-28 in late March 2025, successfully enriching large quantities to 99%. ASP Isotopes anticipates shipping finished product, enriched to at least 99.995%, to customers in August 2025. 
The company also significantly increased its annual capacity guidance for Silicon-28 to over 80 kilograms, up from 50 kilograms, following a $4 million investment.
Ytterbium-176 commercial production <a href="https://www.benzinga.com/pressreleases/25/07/g46464138/asp-isotopes-inc-announces-updates-on-the-progress-of-commercial-production-at-its-three-enrichmen">commenced</a> in April 2025, with intermediate product reaching 92.4% enrichment. The company expects to ship commercial samples in August 2025 and transition to a semi-continuous processing method, targeting 1 kilogram per year.
ASP Isotopes also secured initial permits for importing equipment to enrich Nickel-64, Gadolinium-160, and Zinc-68, and is accelerating plans for additional enrichment facilities. Furthermore, the company is now enriching Carbon-12 to 99.99% in its existing Carbon-14 plant due to significant demand, with commercial shipments expected in August.
Other corporate updates include the anticipated spin-out of its subsidiary Quantum Leap Enrichment in October 2025 and the expected closure of the Renergen acquisition in the third-quarter of 2025.
Benzinga Edge Rankings: <a href="http://benzinga.grsm.io/register174">Benzinga Edge</a>, a tool designed to help investors identify strong and weak stocks, provides specific rankings for ASPI. The company shows exceptionally strong Momentum with a score of 97.77, indicating that the stock has been experiencing significant upward price trends. 
In contrast, its Value ranking is quite low at 4.12, suggesting that, based on various valuation metrics, the stock may not be considered a bargain.
Price Action: According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, ASPI shares are trading higher by 6.4% to $10.27 Friday morning, The stock has a 52-week high of $10.66 and a 52-week low of $1.86.
Read Also: <a href="https://www.benzinga.com/markets/tech/25/07/46472632/trump-wants-to-make-nuclear-great-again-like-its-1955">Trump Wants To Make Nuclear Great Again&#8211;Like It&#8217;s 1955</a>
<h2 class="wp-block-heading">How To Buy ASPI Stock</h2>
By now you're likely curious about how to participate in the market for ASP Isotopes &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share.
In the case of ASP Isotopes, which is trading at $10.21 as of publishing time, $100 would buy you 9.79 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
Image: Shutterstock

ASPI

ASPI Stock Soars Amid Isotope Production Milestones, Capacity Boost: What Investors Need To Know

WIIM

Shares of SharpLink Gaming are trading lower, pulling back from a significant rally earlier in the week. The company announced it is increasing its at-the-market sales agreement.

Raymond James analyst Michael Rose upgrades Synovus Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNV#NYSE">SNV</a>) from Market Perform to Outperform and announces $62 price target.

Upgrades

Raymond James Upgrades Synovus Financial to Outperform, Announces $62 Price Target

Cryptocurrency Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) is up 20% <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46479649/xrp-smashes-all-time-high-as-bitcoin-reclaims-119000-and-dogecoin-ethereum-continue-climb">over the past week </a>and more than 40% over the past month, but remains below the all-time highs set in 2021.
Ethereum's year-to-date gains of 7% trail other large cryptocurrencies, with many of them setting new all-time highs in 2025. Still, the second-largest crypto trades significantly higher than when it was launched in 2015. Here's a look back.
What Happened:&nbsp;Ethereum co-founder&nbsp;Vitalik Buterin&nbsp;proposed the digital currency via a 2014 white paper, with the goal of adding scripting to make it easier for application development and to&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/21/09/22811912/5-things-you-might-not-know-about-ethereum-creator-vitalik-buterin-3" target="_blank" rel="noreferrer noopener">set up binding contracts.</a>
Ethereum was officially launched on July 30, 2015. During its first calendar year, Ethereum traded between $0.42 and $1.39 with a starting price of around $0.74, according to <a href="https://www.sofi.com/learn/content/ethereum-price-history/" target="_blank" rel="noreferrer noopener">SoFi</a>. The first Ethereum transaction was carried out on Aug. 7, 2015, <a href="https://www.globaldata.com/data-insights/financial-services/ethereums-price-history/" target="_blank" rel="noreferrer noopener">according </a>to Global Data.
Ethereum gained momentum thanks to its listing on cryptocurrency platform Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>). It became the second-ever cryptocurrency, after Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), to be listed on the platform.
Over the years, several major events and updates have occurred in Ethereum, including the fork of Ethereum 2.0 and the creation of Ethereum Classic (CRYPTO: ETC).
Ethereum saw increased attention and a surge in valuation related to the boom of non-fungible tokens in 2021. Many of the NFTs were built on the Ethereum blockchain, including CryptoPunks  and Bored Ape Yacht Club. A record sale of a Beeple NFT <a href="https://www.benzinga.com/markets/cryptocurrency/21/03/20134939/beeple-nft-sold-for-a-record-69-million" target="_blank" rel="noreferrer noopener">created interest in NFTs </a>and Ethereum.
Today, Ethereum is the second most valuable cryptocurrency with a market capitalization of $431.7 billion.
Read Also: <a href="https://www.benzinga.com/crypto/25/07/46434516/tom-lee-says-ethereum-set-for-breakout-as-stablecoins-become-chatgpt-moment-for-wall-street-and-crypto">Tom Lee Says Ethereum Set For Breakout As Stablecoins Become &#8216;ChatGPT Moment&#8217; For Wall Street And Crypto</a>
Investing $1,000 in Ethereum: An investment in the second-largest cryptocurrency, the year it launched, would have generated a strong return for investors.
While it was initially more challenging to invest in Ethereum before its inclusion on major cryptocurrency exchanges, investors could purchase the cryptocurrency after its launch.
Based on a starting price of $0.74, an investor could have purchased 1,351.35 ETH at the time of launch.
The $1,000 investment in Ethereum at launch would be worth $4,824,062.74 today based on a price of $3,569.81 at the time of writing.
At its all-time high of $4,815 set in November 2021, the $1,000 investment in Ethereum at the time of launch would have been worth $6,506,750.25.
Ethereum has traded between $1,386.80 and $4,106.96 over the last 52 weeks. There is no guarantee that the cryptocurrency will return to yearly or all-time highs.
While many missed out on investing in Ethereum in the early days, the exercise shows that sometimes investing a small amount in a high-conviction idea can have a huge payout in the future.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/21/10/23210010/the-butterfly-effect-heres-the-crazy-story-of-how-world-of-warcraft-led-to-the-creation-2" target="_blank" rel="noreferrer noopener">The Butterfly Effect: Here's The Crazy Story Of How World Of Warcraft Led To The Creation Of Ethereum</a></li>
</ul>
This article was previously published by Benzinga and has been updated.
Photo: Shutterstock

Education

$ETC

COIN

If You Invested $1,000 In Ethereum At Launch, Here's How Much You'd Have Today

Northland Capital Markets maintains CoreWeave (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>) with a Outperform and raises the price target from $85 to $165.

CRWV

Northland Capital Markets Maintains Outperform on CoreWeave, Raises Price Target to $165

Hess shares are trading higher after an arbitration ruling cleared the way for Chevron's  acquisition of the company.

Editors' note: Chris Koopmans's title has been updated to president.
<a href="https://www.benzinga.com/topic/marvell-technology" target="_blank" rel="noreferrer noopener">Fabless semiconductor company</a> Marvell Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) announced two key leadership promotions effective July 15, 2025. Chris Koopmans has been elevated to president, while Sandeep Bharathi has been named president of the company&#8217;s Data Center Group. Both executives will report directly to Matt Murphy, Marvell&#8217;s <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=101533&amp;ref=319307113&amp;type=HTML&amp;symbol=MRVL&amp;cdn=a9d5cd7e414d4a656d39e5ac0131183d&amp;companyName=Marvell+Technology+Inc.&amp;formType=8-K&amp;dateFiled=2025-07-17" target="_blank" rel="noreferrer noopener">chair and CEO</a>.
Koopmans has held the COO position since February 2025, following a tenure as chief operations officer from March 2021 to February 2025.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46372100/marvell-trails-big-tech-in-2025-is-its-custom-ai-chip-strategy-the-turnaround-investors-are-waiting-for" rel="noreferrer noopener">Marvell Trails Big Tech In 2025—Is Its Custom AI Chip Strategy The Turnaround Investors Are Waiting For?</a>
He will now broaden his responsibilities to include Worldwide Sales, Corporate Development and Strategy. He will continue to lead global business operations, overseeing Marvell&#8217;s end-to-end revenue execution—from go-to-market strategy and customer engagement to operations and long-term growth planning. Koopmans has held several leadership positions at Marvell, including executive VP of Business Operations (2018–2019) and executive VP of Marketing and Business Operations (2019–2021), where he played a key role in the company&#8217;s corporate transformation.
Bharathi, Marvell&#8217;s chief development officer since June 2022, will now head the entire Data Center Group. His new role includes leadership of the Custom Cloud Services, Connectivity, Data Center Switch, and Cloud Optics business units. He will also continue to oversee Data Center Engineering and Central Engineering, providing strategic direction and cross-functional coordination across Marvell&#8217;s full data center portfolio. Bharathi previously held senior engineering roles at the company, including Executive Vice President of Central Engineering System-On-Chip Group and Senior Vice President of Central Engineering.
Marvell stock has plunged 35% year-to-date, lagging behind the NASDAQ Composite Index&#8217;s over 8% gains, as concerns about the Trump administration&#8217;s tariff policy and macroeconomic uncertainties weigh on the stock. On March 5, the company missed the&nbsp;topline and bottom-line guidance&nbsp;in the fourth quarter, leading to a 17% plunge in stock price. Marvell reported adjusted earnings of 60 cents per share, beating the 59-cent consensus estimate. Quarterly revenue came in at $1.81 billion, which beat the $1.79 billion analyst consensus estimate. Marvell said it expects first-quarter revenue in a range of $1.78 billion to $1.96 billion, versus the $1.87 billion estimate. Multiple Wall Street analysts <a href="https://www.benzinga.com/quote/MRVL/analyst-ratings" target="_blank" rel="noreferrer noopener">slashed their price forecasts</a> on the stock after the dismal results.
On May 29, Marvell reported <a href="https://www.benzinga.com/news/earnings/25/05/45681892/marvell-technology-stock-slips-after-q1-results-details" target="_blank" rel="noreferrer noopener">quarterly adjusted earnings</a> of $0.62 per share, which beat the Street estimate of $0.61. Quarterly revenue came in at $1.9 billion, which beat the consensus estimate of $1.88 billion. Marvell expects second-quarter net revenue of $2 billion, plus or minus 5%. It followed multiple <a href="https://www.benzinga.com/news/25/05/45700771/marvell-technology-analysts-slash-their-forecasts-after-q1-earnings" target="_blank" rel="noreferrer noopener">price forecast cuts</a> on the stock. 
However, analysts from KeyBanc, Benchmark and UBS noted that Marvell&#8217;s <a href="https://www.benzinga.com/analyst-stock-ratings/price-target/25/05/45702643/marvell-analysts-back-steady-outlook-point-to-data-center-strength-ai-momentum" target="_blank" rel="noreferrer noopener">growing data-center</a> and AI momentum, anchored by deals with AWS and Microsoft, provides a solid foundation despite broader market volatility.
Price Action: MRVL stock was trading 0.68% higher at $72.50 premarket as of last check on Friday.
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Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) <a href="https://www.benzinga.com/topic/nvidia">stock is taking a hit</a> Friday as a U.S. government decision to permit the chip giant to resume sales of its H20 AI chips to China faces strong opposition from House Select Committee on China Chairman John Moolenaar. 
This move, seen by some as a boost to China&#8217;s AI ambitions, comes amid broader national security concerns that are also delaying a multi-billion dollar AI chip deal between the U.S. and the United Arab Emirates, highlighting the increasingly complex geopolitical landscape impacting the semiconductor industry.
Moolenaar warned Commerce Secretary Howard Lutnick that the move could boost China&#8217;s AI capabilities and help its firms gain global market share, Reuters reported on Friday.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46462378/why-nvidias-jensen-huang-says-china-leads-in-open-source-ai" rel="noreferrer noopener">Nvidia&#8217;s Jensen Huang Says China Leads In Open-Source AI</a>
In a letter sent Friday, Moolenaar criticized the reversal of the April export ban, which aimed to keep cutting-edge U.S. AI chips out of Chinese hands due to national security risks.
Nvidia confirmed earlier this week that the U.S. government had authorized renewed H20 chip sales to China. The chipmaker called the product a significant revenue source.
Lutnick stated Tuesday that the H20 chip decision was linked to ongoing negotiations with China over rare earths and magnets.
The Select Committee&#8217;s April report noted that Nvidia&#8217;s H20 chips were key in enabling a surprising AI model developed by China&#8217;s DeepSeek. Moolenaar also cited Tencent&#8217;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>) use of H20s to train large-scale AI systems.
<h2 class="wp-block-heading">Concerns and Delays in the UAE Deal</h2>
Beyond the China sales, Nvidia is facing additional scrutiny due to national security concerns that are holding up a significant chip deal with the United Arab Emirates (UAE). This deal, which would enable the UAE to acquire billions of dollars&#8217; worth of Nvidia AI chips, is facing pushback from some Trump administration officials. Their primary apprehension is that Chinese firms could gain indirect access to this advanced technology through the agreement, the Wall Street Journal <a href="https://www.wsj.com/politics/national-security/national-security-concerns-tie-up-trumps-u-a-e-chips-deal-a0273815" target="_blank" rel="noreferrer noopener">reported</a> on Wednesday.
Although President Trump had endorsed the deal during a May visit to the Middle East, the terms have yet to be finalized. A key sticking point is G42, an Abu Dhabi-based AI firm slated to receive approximately 20% of the chips. U.S. officials are concerned that G42, due to its historical ties and collaborations with Chinese entities, could serve as a conduit for China to obtain restricted semiconductors.
For the time being, the Commerce Department intends to block shipments to G42, despite Secretary Lutnick&#8217;s public expression of confidence in the deal&#8217;s future. Analysts say this internal disagreement, amid fears that Huawei could fill the vacuum, highlights how export controls on AI chips have become a geopolitical flashpoint.
While some officials, like White House AI czar David Sacks, advocate for proceeding with the UAE agreement to maintain U.S. leadership in the global AI race, others are pushing for stricter restrictions before moving forward. The prevailing lack of clarity regarding chip limits and export rules continues to fuel broader uncertainty across the entire semiconductor industry.
NVDA Price Action: NVDA stock is trading lower by 0.51% to $172.10 at last check Friday.
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Image via Shutterstock

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Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) is surging as the first public companies are racing to adopt it as <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46486386/tom-lee-says-michael-saylor-led-strategys-35x-surge-wasnt-just-bitcoin-treasury-moves-far-more-significant-than-token-price-gain">a treasury asset.</a>
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Ticker</td>
<td>Price</td>
<td>Market Cap</td>
<td>7-Day Trend</td>
</tr>
<tr>
<td>Dogecoin</td>
<td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>$0.2365</td>
<td>&nbsp;$35.5 billion</td>
<td>+14.7%</td>
</tr>
<tr>
<td>Shiba Inu</td>
<td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>$0.00001487</td>
<td>&nbsp;$8.8 billion</td>
<td>&nbsp;+9.1%</td>
</tr>
<tr>
<td>Pepe</td>
<td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td>
<td>$0.00001334</td>
<td>&nbsp;$5.6 billion</td>
<td>+3.3%&nbsp;</td>
</tr>
</tbody>
</table>
</figure>
Trader Notes: Crypto chart analyst Ali Martinez highlighted a developing double bottom formation on the DOGE chart, with the pattern pointing to a potential target of $0.42, about 77% higher from current levels.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Dogecoin <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> seems to be shaping a double bottom pattern, targeting $0.42! <a href="https://t.co/EpaYIoPEtY">pic.twitter.com/EpaYIoPEtY</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1946193990816067745?ref_src=twsrc%5Etfw">July 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Javon Marks went even further, <a href="https://x.com/JavonTM1/status/1946214886377128320">projecting</a> DOGE could hit $2.28 based on the 1.618 Fibonacci extension, citing past cycles where DOGE exceeded that level. That implies a potential 800% rally from here.
Daan Crypto Trades <a href="https://x.com/DaanCrypto/status/1946178640246366619">noted</a> that Dogecoin has been trading in a range for 6 months, but a breakout above $0.26 could unleash a sharp move into the $0.30–$0.40 zone, consistent with DOGE's historical tendency to move slowly, then suddenly explode upward.
Statistics: Martinez <a href="https://x.com/ali_charts/status/1946258666199650444">stated</a> that whales have purchased 1.08 billion DOGE in the past 48 hours. 
Bitinfocharts reflects wallets holding 0 to 0.1 DOGE and 0.1 to 1 DOGE, accounting for 35.2% and 9.6% of distribution respectively, reflected an increase in one week. This implies rising trader interest in the meme coin.
Coinglass data shows Dogecoin's open interest rallied 22.1% in a single day to $3.9 billion.
This implies high trader interest in the meme coin after it was adopted as a treasury asset by a company. 
Derivatives trading volume expanded by 86.7% in a single day.
Community News: Bit Origin <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46469259/a-dogecoin-treasury-company-bit-origin-plans-to-raise-500-million-to-do-just-that">raised $500 million to buy Dogecoin</a> and hold it as a core treasury reserve, the first-ever corporate move of this kind. 
This strategic adoption has changed sentiment, reinforcing Dogecoin's shift from meme to mainstream asset.
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Dogecoin Surges 14% In A Week: Is DOGE The Next Treasury Asset Boom?

<h2 class="wp-block-heading">New On The Block</h2>
<ul class="wp-block-list">
<li>Tylenol and Listerine maker Kenvue Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVUE#NYSE">KVUE</a>) just named board member Kirk Perry as interim CEO, replacing Thibaut Mongon, as part of a strategic review to boost shareholder value. The company, <a href="https://www.benzinga.com/news/large-cap/24/08/40659011/johnson-johnson-spin-off-kenvue-wins-lawsuit-over-pain-killer-tylenol-rapid-release-gelcaps">once a part of</a> Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) and now a <a href="https://www.benzinga.com/news/large-cap/25/05/45623176/why-dan-loeb-just-made-kenvue-one-of-his-top-holdings">top-five favorite</a> in billionaire Dan Loeb&#8216;s portfolio, aims to simplify operations, possibly via divestitures. In other words, expect Kenvue to conduct the corporate equivalent of mouthwash: rinse and possibly spit out a few underperforming assets.</li>
</ul>
<ul class="wp-block-list">
<li>Clearside Biomedical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSD#NASDAQ">CLSD</a>), a $65 million biotech company specializing in eye-disease therapies, is considering a potential auction. Piper Sandler is advising on the process. Amid high cash burn and tough fundraising conditions, the company is pausing all internal R&amp;D. Its executive team is taking consulting roles to conserve cash. Its lead asset, CLS-AX for wet AMD, recently completed Phase 2b trials and has FDA alignment for Phase 3, while its proprietary SCS Microinjector platform underpins licensing deals with the likes of Bausch + Lomb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLCO#NYSE">BLCO</a>).</li>
</ul>
<ul class="wp-block-list">
<li>Peraso Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRSO#NASDAQ">PRSO</a>), a player in the mmWave wireless game, announced it is officially exploring options such as a merger or asset sale. The board has tapped Craig-Hallum as its financial advisor. It has at least one offer thus far from Mobix Labs.</li>
</ul>
<h2 class="wp-block-heading">Updates From The Block</h2>
<ul class="wp-block-list">
<li>OpenAI is no longer buying Windsurf for $3 billion. Instead, Google is hiring Windsurf CEO Varun Mohan, co-founder Douglas Chen, and select R&amp;D staff to join its DeepMind team. Google will license some of Windsurf's technology but won't acquire the company or take equity, according to The Verge. Windsurf's Jeff Wang is now interim CEO. The financial terms of the Google hires were not disclosed. It remains to be seen whether Windsurf will stay on the market.</li>
</ul>
<ul class="wp-block-list">
<li>FountainVest Partners is the only bidder for ZF Friedrichshafen&#8216;s Lifetec unit, an airbag and seat belt maker, according <a href="https://news.bloomberglaw.com/private-equity/fountainvest-is-said-to-be-last-bidder-for-zfs-lifetec-unit-1">to</a> Bloomberg. Talks are ongoing. ZF has been seeking several billion euros for the business, which previously drew interest from other buyers, including Adient. So far, a significant gap in price expectations remains.</li>
</ul>
<ul class="wp-block-list">
<li>Legendary Entertainment, the studio behind movie hits such as &#8220;Dune&#8221; and &#8220;The Dark Knight,&#8221; is exploring a potential takeover of Lionsgate Studios, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-07-11/apollo-backed-legendary-weighs-acquisition-of-lionsgate-studios?srnd=phx-deals&amp;embedded-checkout=true&amp;sref=TBDibEcD">reports</a>. Backed by Apollo Global, Legendary initially approached Lionsgate after <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/03/44565291/lions-gate-entertainment-starz-lionsgate-studios-split-should-unlock-value">its split from Starz</a> in May. The talks began as a potential film partnership to test compatibility ahead of a possible acquisition.</li>
</ul>
<ul class="wp-block-list">
<li>Union Pacific wants to acquire rival Norfolk Southern, which could create the largest rail operator in the U.S. The discussions are still new, and other potential bidders could emerge. Union Pacific is valued <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46482618/union-pacific-eyes-60-billion-norfolk-southern-in-railroad-mega-merger">at around $140 billion</a>, while Norfolk Southern is worth about $60 billion. Following the news, Norfolk Southern's shares rose 3%, while Union Pacific's dropped 2%. A potential merger would create a vast rail network across the U.S. — something no operator currently has. Union Pacific CEO Jim Vena has expressed support for a transcontinental railroad to improve service and reduce delays. Expect intense regulatory scrutiny.</li>
</ul>
<ul class="wp-block-list">
<li>Recall how Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>) agreed to pay $16 million to settle a lawsuit with President Donald Trump. Stephen Colbert, who has hosted the "Late Show" since 2015, recently said the settlement could be a "big fat bribe." Days later, he announced to his audience that the show was ending. Members of Congress are now questioning the timing of the cancellation. Whether it&#8217;s related to Paramount&#8217;s efforts to secure Trump&#8217;s regulatory approval for a merger with Skydance <a href="https://www.benzinga.com/news/politics/25/07/46496489/elizabeth-warren-demands-paramount-explain-colberts-late-show-cancellation-america-deserves-to-know">is not yet known</a>.</li>
</ul>
<h3 class="wp-block-heading">Off The Block</h3>
<ul class="wp-block-list">
<li>Ferrero Group announced an agreement to acquire cereal maker WK Kellogg for around $3.1 billion. Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons, and billionaire investor Dean Metropoulos, had initially placed a bid, but the talks turned soggy. Investment banks UBS and Macquarie Capital advised the pair on the unsuccessful attempt, according to Reuters. </li>
<li>SES <a href="https://www.ses.com/press-release/ses-completes-acquisition-intelsat-creating-global-multi-orbit-connectivity">closed</a> its $3.1 billion acquisition of Intelsat, creating a combined company with a fleet of 120 satellites across two orbits: 90 geostationary (GEO) satellites and nearly 30 medium Earth orbit (MEO) satellites. The company also has strategic access to low Earth orbit (LEO) satellites and a vast ground network.</li>
</ul>
<h3 class="wp-block-heading">Bankruptcy Block</h3>
<ul class="wp-block-list">
<li>Del Taco franchisee Matador Restaurant Group has <a href="https://finance.yahoo.com/news/matador-restaurant-group-files-bankruptcy-150210139.html">filed</a> for bankruptcy. The South Carolina-based operator of 22 Del Taco outlets listed both assets and liabilities between $1 million and $10 million. What&#8217;s got its tortilla in a twist? Over $2.7 million in merchant cash advance (MCA) debt. Matador's parent company, Red Door Brands, which also runs Little Caesars and Arby's, says the financial drama is contained to Del Taco. Meanwhile, the Del Taco brand itself has been abruptly shuttering locations in Colorado.</li>
</ul>
<ul class="wp-block-list">
<li>Joyebells, the Virginia-based gourmet pie company that once wowed &#8220;Today Show&#8221; viewers and charmed &#8220;Shark Tank&#8221; judges (but got no bites), has officially <a href="https://richmondbizsense.com/2025/07/16/local-piemaker-joyebells-sued-by-its-main-lender-owners-file-bankruptcy/">filed</a> for Chapter 11. CEO Joye Berry-Moore, who turned her life around after once being homeless, launched the family bakery in 2019 and rose to fame. But after the sharks passed on investing in February, things took a turn: their lender sued, claiming default on a $350,000 loan. Between Joyebells and its founders, debts now top $1.27 million—the IRS wants $144,000 and a manufacturer seeks $570,000. To make matters worse, the company had to <a href="https://www.sharktankblog.com/business/joyebells/">recall</a> over 300,000 pies last year.</li>
</ul>
<a href="https://www.benzinga.com/m-a/25/07/46261516/deal-dispatch-trump-paramount-mergers-acquisitions-volume-down">For the previous edition of Deal Dispatch, click here</a>.
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Image: Edited by Benzinga using Shutterstock

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