Strive Launches Bitcoin Treasury Preferred Income ETF

Strive has launched the T-Strive Digital Credit Preferred Income ETF, which will invest at least 80% of its assets in preferred stocks and related derivatives issued by companies holding Bitcoin in their treasuries. The actively managed ETF will initially allocate its portfolio between Strategy's variable-rate Series A perpetual Stretch preferred stock (STRC) and Strive's variable-rate Series A perpetual preferred stock (SATA). The fund may tactically use leverage, total return swaps, and put options based on market conditions.