A major bank has approved the Bitwise Solana Staking ETF (BSOL) as collateral for loans, allowing customers to borrow up to 25% of their shares' value. This lending feature lets investors access cash without selling their BSOL shares, which represent staked Solana tokens earning rewards. The approval marks a step toward integrating crypto assets with traditional financial services, although details like interest rates and borrower eligibility remain undisclosed. BSOL holds over 8 million SOL tokens, with a net staking reward rate of 5.84%, offering investors exposure to Solana's growth and staking benefits through a regulated exchange-traded product.
The iShares US Thematic Rotation Active ETF (THRO) is maintained as a Buy due to its favorable factor mix and encouraging performance, especially after recent portfolio changes that enhanced its growth-at-a-reasonable-price (GARP) traits. THRO's IT-h...
Unilever stands out by generating 60% of its revenue from emerging markets, twice that of its peers, with strong growth rates in Latin America and India. The company’s focus on personal care, beauty, and home care after divesting food and ice cream s...
Bitcoin started the week near $77,000 after a 23% gain, driven by strong demand and regulatory optimism. Key upcoming events include U.S. inflation data (PCE index) and Q2 GDP figures, Nvidia's fiscal Q2 earnings report, and Federal Reserve Chair Kev...
Bitcoin usage in El Zonte, El Salvador, has sharply declined with most transactions now made by card. Merchants describe Bitcoin as "dead," reflecting a shift away from the cryptocurrency despite its legal tender status since 2021. This trend follows...
Tertiary Minerals reported promising final preliminary drill results from its Phase 4 program at Mushima North, Zambia, confirming the scale of its Discovery Zone. Key highlights include broad copper intersections up to 68 meters grading around 0.3% ...
