Bitcoin Treasuries.NET said in a post on X that Preferred Securities ex-Financials ETF, the PFXF fund under VanEck, has increased its position in Strategy Stretch (STRC) to 2.42 million shares. The post said VanEck manages $237 billion in assets. Based on the figures cited, the STRC position is valued at $209 million and accounts for more than 8.75% of the ETF’s net assets. The holding was described as a digital credit asset. The update was cited by ChainCatcher as a market-related newsflash, with the information attributed to Bitcoin Treasuries.NET’s post on X.
ChainCatcher reported that Bitcoin Treasuries.NET said in a post on X that Preferred Securities ex-Financials ETF (PFXF), a VanEck fund, has increased its holding of Strategy Stretch (STRC) to 2.42 million shares.
The post said VanEck manages $237 billion in assets. It also said the STRC position is worth $209 million, representing more than 8.75% of the ETF’s net assets, and classified the holding as a digital credit asset.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
