New ETF eyes 95% allocation to MicroStrategy’s STRC

Actually, the newest "Bitcoin" ETF doesn't buy a single Satoshi. Instead, DIGY11 gambles 95% of its portfolio on MicroStrategy’s STRC preferred stock, which is currently failing to hold its $100 par value. This isn't a crypto investment; it’s a high-risk bet on corporate debt under extreme stress. If the capital-raising mechanism breaks, your dividends vanish along with the principal. Would you trust your money to a Bitcoin fund that ignores Bitcoin's price?
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