US Launches First Digital Credit ETF 'DCAP' Focusing on Preferred Stocks

Tuttle Capital and Strive Asset Management have launched the T-Strive Digital Credit Preferred Income ETF (DCAP). This actively managed fund invests in preferred stocks of companies holding Bitcoin on their balance sheets, rather than investing directly in Bitcoin. The fund will initially allocate its holdings equally between Strategy's STRC and Strive's SATA preferred stocks.