Strive launches Bitcoin Bond ETF tied to MicroStrategy

U.S. asset manager Strive Asset Management's new Strive Bitcoin Bond ETF will invest 80% in Bitcoin-linked securities, mainly MicroStrategy's, using derivatives like swaps and options. Actively managed, it focuses on tech, with cash in U.S. Treasuries. Non-diversified, it trades on NYSE, with income distribution quarterly. According to Crypto Briefing, the performance hinges on MicroStrategy's Bitcoin strategy.