Delhivery reported a 65% year-on-year drop in Q1 FY27 net profit to Rs 31.9 crore, compared with Rs 91.1 crore a year earlier. Revenue from operations rose 28% to Rs 2,930.7 crore from Rs 2,294 crore. EBITDA slipped 4% as higher labour, fuel and operating costs squeezed margins.

Tokenized funds surpassed $9.0 billion in assets under management in Q1 2026, rising 181.3% year over year. Traditional asset managers and crypto-native firms are accelerating their push into onchain markets, according to a report by CoinShares and Token Terminal. The trend points to the rise of Hybrid Finance, where Wall Street products, blockchain infrastructure and digital-asset markets are increasingly converging into a single ecosystem.

Bitcoin was trading around $65,000 ahead of the weekend as macro tailwinds and headwinds pulled in opposite directions. A softer-than-expected U.S. jobs report, including a combined 103,000 downward revision to May and June, pushed Treasury yields and the dollar lower as markets trimmed the odds of a September Fed hike. At the same time, rising tensions around the Strait of Hormuz renewed worries about inflation returning via higher energy prices. U.S.-listed spot Bitcoin ETFs took in $763.7 million this week, the fastest pace of inflows since April.

Bitcoin faces the risk of a BIP-110 soft fork activation, a proposal designed to cap the amount of arbitrary data that can be included in transactions. Activation requires a 55% threshold, but as of Thursday only 2.56% of blocks signaled support. About 22.65% of nodes run the Knots client and are expected to start rejecting blocks without a specific signal beginning at block height 961,632, raising the possibility that enforcement by a minority could still trigger a network split. With Bitcoin’s market cap around $1.3 trillion, any fork would introduce significant uncertainty.

In the second quarter of 2026, applications on Ethereum generated about $1.79 billion in fees, but the base layer retained only $88.4 million, or 4.9%, widening the gap in value capture. ETH has remained below $2,000, roughly 60% off its 2025 all-time high. Only around 0.22 ETH was burned via blob fees over a recent seven-day period, weakening the earlier “ultrasound money” narrative. Even so, institutional activity on Ethereum continues to expand, contrasting with the token’s muted price performance.

Ether.fi said it has restructured its token design by fully separating restaking from its main token, weETH. Under the change, weETH becomes a plain Ethereum staking token that reflects only base staking yield, without restaking-related risk or returns. The restaking exposure is moved to a newly introduced token, weETHs. Ether.fi said the move is intended to give investors clearer product choices based on different risk preferences, positioning weETH as a simpler yield instrument.

HSBC said 73% of Indian companies reporting June-quarter earnings met or exceeded analysts’ expectations, near the upper end of the range seen since 2020. The bank noted non-food credit growth accelerated to 18.3% year-on-year in June 2026 from around 10% in late 2025, while passenger vehicle sales rebounded sharply after last year’s mid-year contraction. Consensus forecasts see India’s corporate earnings rising around 14% in 2026 and 17% in 2027, with HSBC expecting the gains to be concentrated in industrials, consumer discretionary and financials.

Auto components maker Dhoot Transmission raised ₹918.3 crore from anchor investors ahead of its initial public offering, with participants including BlackRock, Abu Dhabi Investment Authority and SBI Mutual Fund. The company allotted over 1.05 crore equity shares to 72 funds at ₹871 per share, with domestic mutual funds taking 61.27% of the anchor book. The ₹3,067 crore IPO will be open for subscription from August 10 to August 12, with a price band of ₹829871 per share.