Strive collaborates with Tuttle to issue ETF products, intending to invest in the preferred stock STRC of Strategy and Strive's SATA

According to Theblock, the Bitcoin asset management company Strive (ASST) will collaborate with ETF issuer Tuttle Capital Management to launch the T-Strive Digital Credit ETF, aimed at investing in the variable rate A series perpetual preferred stock STRC issued by Strategy, as well as the preferred stock SATA issued by Strive.

It is reported that in January of this year, Strive announced plans to raise an additional $150 million through a secondary public offering, after the company raised $160 million through the oversubscribed SATA IPO. Once approved, the T-Strive Digital Credit ETF will trade on the Chicago Options Exchange under the stock code DGCR.