Bitwise's CEO said on X that a major bank now permits clients to use the Bitwise Solana Staking ETF (BSOL) as loan collateral, with a maximum loan-to-value ratio of 25%. He said he is glad to see cryptocurrency becoming more integrated into mainstream finance.
In a post on X, Bitwise's CEO said a large bank has begun allowing clients to borrow against the Bitwise Solana Staking ETF (BSOL), at a maximum loan-to-value ratio of 25%. The executive added that he is glad to see crypto continuing to become part of mainstream finance.
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