STRIVE LAUNCHES BITCOIN TREASURY PREFERRED INCOME ETF The T-Strive Digital Credit Preferred Income ETF will invest at least 80% of assets in preferred securities issued by Bitcoin treasury companies and derivatives providing exposure to them. The fund will initially focus on two securities: $STRC - Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock $SATA - Strive’s Variable Rate Series A Perpetual Preferred Stock The actively managed ETF is expected to initially allocate roughly equally between the two, but can adjust exposure based on yield, valuation, liquidity and financing conditions. The fund can also tactically add leverage when preferreds fall below par, use total return swaps, and write puts at prices where it would be willing to acquire the underlying securities. The ETF is designed to generate current income from the preferred layer of Bitcoin treasury company capital structures rather than their common equity. It will not hold Bitcoin directly.