"ETF for digital-asset treasury companies to launch… T-Strive files"

Source
Minseung Kang

Summary

  • It was reported that a new exchange-traded fund (ETF) that will include companies pursuing a digital asset treasury (DAT) strategy has been filed.
  • It was reported that the ETF is said to be designed to hold preferred shares of companies that have adopted a digital asset treasury reserve strategy (DAT).
  • It was reported that T-Strive is a new issuer jointly established by Tuttle and Strive, and that this ETF filing is seen as joining the broader push to expand financial products based on digital asset treasury strategies.

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Photo = Eric Balchunas X capture
Photo = Eric Balchunas X capture

A new exchange-traded fund (ETF) that will include companies pursuing a digital asset treasury (DAT) strategy has been filed.

On the 30th, Eric Balchunas, a Bloomberg ETF analyst, said on X (formerly Twitter) that he had confirmed a new filing related to the T-Strive Digital Credit ETF.

The ETF is said to be designed to hold preferred shares of companies that have adopted a digital asset treasury reserve strategy (DAT).

Meanwhile, T-Strive is a new issuer jointly established by Tuttle and Strive, and the filing is seen as the firm joining the broader push to expand financial products based on digital asset treasury strategies.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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