Acum 15 h
Strive and Tuttle seek SEC approval for ETF tied to Strategy STRC and Strive SATA
Strive (ASST) and Tuttle Capital Management filed with the SEC on Monday for the T-Strive Digital Credit ETF, a proposed fund focused on preferred shares issued by bitcoin treasury companies. The prospectus says it would target income exposure to Strategy's STRC and Strive's SATA using swaps and leverage, while not holding bitcoin directly. STRC is described as paying 11.5% in monthly dividends, and Strive said it lifted SATA's monthly dividend to 12.75% earlier this month.