Two Blue Owl funds cut dividends, with one halving its stake in SpaceX
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
This is the latest sign of pressure in the industry. An exchange with assets of $15.3 billion and another with $14.1 billion both reduced dividends later in the evening on May 6. In the first quarter, the exchange conducted stock buybacks for both funds, repurchasing $30 million and $50 million worth of its own shares respectively. In addition, the technology fund sold about half of its SpaceX holdings in the first quarter, netting $117 million. Expand
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Orlen opens PLN 500 million marine transshipment terminal at Gdansk refinery
Reuters•2026/08/05 08:04

Bank of Ireland releases transcript of H1 2026 results announcement, Q&A
Reuters•2026/08/05 08:03
Quirin Privatbank reiterates Buy on Zalando, sets target price at EUR 34.4
Reuters•2026/08/05 08:02
Crypto prices
MoreBitcoin
BTC
$64,144.68
+0.89%
Ethereum
ETH
$1,868.24
+0.42%
Tether USDt
USDT
$0.9991
+0.02%
USDC
USDC
$0.9999
+0.00%
XRP
XRP
$1.07
-0.99%
Solana
SOL
$73.96
+0.65%
TRON
TRX
$0.3270
-0.63%
Hyperliquid
HYPE
$57.38
+4.71%
Dogecoin
DOGE
$0.06978
-0.54%
Zcash
ZEC
$516.98
+6.22%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now