Strive and Tuttle Launch Digital Credit ETF Proposal

Strive Asset Management and Tuttle Capital Management have joined forces to develop a new exchange-traded fund (ETF) focused on preferred equity issued by bitcoin treasury companies. According to an SEC filing, the proposed fund is called the T-Strive Digital Credit ETF and would trade on the Cboe exchange under the ticker DGCR if approved.

The proposed product is designed to invest in preferred securities tied to companies that use corporate balance sheets to build bitcoin exposure. The filing names Strategy's Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and Strive's Variable Rate Series A Perpetual Preferred Stock (SATA) as the core instruments for the strategy.

The fund would not invest directly in bitcoin, but would seek income exposure through preferred equity and leverage. This approach offers a more indirect form of crypto-linked exposure than spot bitcoin products.