BlockBeats news, on July 24, Strategy founder Michael Saylor posted that STRC has now become the largest holding in the three leading U.S. preferred stock ETFs, with a combined holding value of $756 million. These include PFF by BlackRock, PFFA by Virtus InfraCap, and PFXF by VanEck. Saylor stated, "Digital credit is entering the institutional mainstream."
STRC Becomes the Top Holding in Three Major U.S. Preferred ETFs
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Summary
STRC has become the top holding in three major U.S. preferred ETFs—PFF, PFFA, and PFXF—with a combined value of $756 million, according to Blockbeats. Michael Saylor of Strategy noted that digital credit is entering the institutional mainstream. On-chain trading signals indicate growing interest in value investing in crypto.
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