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BlackRock’s preferred stock ETF buys $39M in Strive’s SATS shares

By John Chen

BlackRock's ETF investment in Strive's SATS shares highlights the growing intersection of traditional finance with cryptocurrency assets. The post BlackRock’s preferred stock ETF buys $39M in Strive’s SATS shares appeared first on Crypto Briefing.

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Exchange-traded fund

An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.

ETFs offer low-cost, diversified investing and are a fast-growing way people save.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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