BlackRock's PFF ETF Holds $380 Million Worth of Strategy Preferred Shares

Odaily According to reports, Stretch (STRC), the perpetual preferred stock of Bitcoin treasury company Strategy, has become the fourth-largest holding in BlackRock's iShares Preferred and Income Securities ETF (PPF ETF), with an allocation of $210 million. The ETF also holds several other Strategy preferred stocks, with a total value of approximately $380 million, including:

1. Strife (STRF) with an allocation of $97.5 million, weighting 0.69%;

2. MSTR common stock with an allocation of $90 million, weighting 0.64%;

3. Stride (STRD) with an allocation of $73 million, weighting 0.51%. (CoinDesk)