Strive plans to collaborate with Tuttle to issue ETF products, investing in Strategy's preferred stock STRC and Strive's SATA.

According to The Block, Strive (ASST), a Bitcoin asset management firm, will partner with ETF issuer Tuttle Capital Management to launch the T-Strive Digital Credit ETF, which aims to invest in Strategy's variable rate Series A perpetual preferred stock STRC and Strive's preferred stock SATA.
It is reported that in January this year, Strive announced plans to raise an additional $150 million through a secondary public offering, after previously raising $160 million through an oversubscribed IPO of SATA. Once approved, the T-Strive Digital Credit ETF will be traded on the Chicago Board Options Exchange under the ticker DGCR.