Unity Wealth Capital Appreciation & Options ETF DCAP

$20.72 +0.03 (0.14%)

Valuation

Market cap
—
Revenue TTM
$0
Net income TTM
$0
PE ratio
—
Forward PE
—
Profit margin
—
Debt to equity
—

Trading

Volume
1,400
Avg volume
—
Day's range
$20.71 – $20.74
Shares out
—
Stochastic %K
0%
Beta
—
Analysts
Strong Buy
Price target
—

Price

Company profile

The fund is an actively managed exchange-traded fund that seeks current income. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in preferred securities issued by Bitcoin treasury companies (“Digital Credit Preferred Securities”) and engages in derivatives transactions that provide exposure to Digital Credit Preferred Securities. Digital Cre...

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The fund is an actively managed exchange-traded fund that seeks current income. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in preferred securities issued by Bitcoin treasury companies (“Digital Credit Preferred Securities”) and engages in derivatives transactions that provide exposure to Digital Credit Preferred Securities. Digital Credit Preferred Securities are preferred securities issued by Bitcoin treasury companies. The fund is non-diversified.

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Stocktwits

Speedie Oct 2, 3:24 PM
$DCAP I bought a few hundred shares today. I like the idea of the written put options (should increase yield ) and the possibility of adding leverage in a down market. I see in the prospectus that dividends are expected to be paid weekly, so we should see the first one declared soon.
0 replies
XORAA Sep 26, 8:03 PM
$ASST $DCAP $MSTR $STRC anyone looking into the digital credit ETF DCAP? The Fund invests in Digital Credit preferred equity instruments issued by companies that hold Bitcoin as a balance sheet asset. The Fund intends to use tactical leverage, total return swaps, and written put options as part of its strategy to strategically leverage the fund when the Digital Credit instruments trade below par. Quoted from this source. https://www.newsfilecorp.com/release/315854/Tuttle-Capital-and-Strive-Asset-Management-Launch-the-First-US-Digital-Credit-ETF-DCAP
0 replies
XORAA Sep 26, 7:58 PM
$ASST $DCAP though to be fair i think due to strive being affiliated they will have to do equity swaps or something similar. But strive does have a repurchase program as well on $SATA if we end up in a prolonged bear as $STRC has. But i think this ETF could be very interesting for certain investors and im excited to see how it goes.
0 replies
XORAA Sep 26, 7:53 PM
$ASST not enough people are talking about the $DCAP ETF that strive and tuttle just launched. This could put a perpetual bid on $SATA where if it falls under par the etf is going to be buying shares and making a profit off it going back to par.
0 replies