$Alibaba (BABA.US)$ After more than a decade of explosive gr...

$Alibaba (BABA.US)$ After more than a decade of explosive growth, China's Singles' Day, the world's biggest online shopping fest, is losing its gloss and bracing for more modest growth in coming years, hurt by a slower economy and tighter regulatory scrutiny. Alibaba (BABA) said on Friday its sales - or gross merchandise value (GMV) - during the 11 day event grew 8.5%, the slowest rate ever and the first time it came under double-digits growth.

$ProShares Bitcoin ETF (BITO.US)$ The U.S. Securities and Exchange Commission on Friday said it rejected an exchange-traded fund from VanEck that would have tracked Bitc… spot prices directly. This would have stood in contrast to the ProShares ETF (BITO), which was approved and which only tracks futures rather than prices directly.