The RiverNorth Opportunities Fund (RIV) provides a high yield of 13.48% by investing tactically in closed-end funds, SPACs, BDCs, and ETFs. Its largest allocation to special purpose acquisition companies (SPACs) adds diversification but also increases risk, particularly for income-focused investors. The fund's distribution partly depends on unrealized gains, making its sustainability reliant on continued market strength and successful capital gains. Currently, RIV trades at a 3.64% discount to its net asset value with an expense ratio of 1.84%.
AI data centers have shifted the electric utility industry from a stable, recession-hedging sector to one with significant growth potential and increased risks. Utilities are now valued based on a hybrid model combining the traditional stability of r...
Robinhood launched its Arbitrum-based chain on July 1, 2026, driving a spike in on-chain trading volume to over $568 million on July 8, which coincided with a 19% rise in ARB token price. However, ARB is primarily a governance token and not used for ...
On July 10, US spot Bitcoin ETFs attracted $90.4 million in net inflows, while Ethereum ETFs gained $18.4 million, indicating a cautious return of institutional capital after a massive $4 billion outflow in June. This inflow follows a break in a 10-d...
Meta has discontinued its new AI feature, Muse Image, which allowed users to generate images using photos from public Instagram accounts. The tool faced immediate criticism for privacy concerns, as it was automatically enabled without explicit user c...
Pendle has upgraded Bungee Exchange to version 3, enabling users to swap tokens across different blockchains into Pendle's principal tokens (PT) and yield tokens (YT) with a single click and no need to hold native gas tokens on the destination chain....
