Large bank enables 25% LTV borrowing on Bitwise Solana Staking ETF
Covered by 2 sources · 2 articles
2 outlets - including Crypto and Cryptobriefing - are covering this story. Bitwise’s Solana staking ETF has received approval from a major bank for customers to borrow up to 25% of their shares’ value, adding a lending function to the U.S.-listed crypto fund. Bitwise co-founder and CEO Hunter Horsley disclosed the…
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Bitwise Solana ETF approved for loans at 25% LTV
Bitwise’s Solana staking ETF has received approval from a major bank for customers to borrow up to 25% of their shares’ value, adding a lending function to the U.S.-listed crypto fund. Bitwise co-founder and CEO Hunter Horsley disclosed the…
Large bank enables 25% LTV borrowing on Bitwise Solana Staking ETF
The bank's move to allow borrowing against crypto ETFs could signal increased institutional acceptance and integration of digital assets in finance. The post Large bank enables 25% LTV borrowing on Bitwise Solana Staking ETF appeared first…