The Global X Russell 2000 Covered Call ETF (RYLD) provides a high monthly yield of 11.9% and achieved a 20.5% total return over the past year. However, its strategy involving at-the-money options causes structural net asset value (NAV) erosion and caps upside potential, making it less suitable for long-term buy-and-hold investors. The fund also relies heavily on return of capital for distributions, which further diminishes NAV. For long-term small-cap income exposure, IWMI with its out-of-the-money option strategy and individual holdings is preferred over RYLD.
Helus Pharma receives a speculative Buy rating due to its lead drug HLP003, an oral treatment for major depressive disorder showing promising Phase 2 results and FDA Breakthrough Therapy status. The company’s current valuation undervalues HLP003’s po...
A New York legal case, Noah Doe, claims ownership of 39,069 dormant Bitcoin addresses valued at $293 billion under abandoned property laws. This challenges the core principle of Bitcoin self-custody, which relies on private keys, not inactivity, to p...
BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) on Avalanche surged past $900 million in assets, doubling from about $464 million in just one week. This rapid growth reflects increasing institutional demand for tokenized U.S. Treasury as...
RE Protocol has introduced on-chain reinsurance tokens that allow insurance risk to be funded, priced, and settled using blockchain technology. This innovation aims to provide insurers with faster access to capital and more transparent risk pricing c...
Bitcoin Improvement Proposal 110 (BIP-110), a soft fork aimed at restricting arbitrary data like Ordinals on the Bitcoin network, is under scrutiny. Blockstream CEO Adam Back argues that misconceptions about Bitcoin's architecture are driving the deb...
