According to CoinMeta, Strategy preferred stocks have become the largest holding of VanEck preferred stocks ETF ( PFXF ). As of November 5th, they accounted for approximately 7.6% of the fund's net assets, with a holding value of around $161 million. Meanwhile, as of November 4th, BlackRock's iShares preferred stocks and income securities ETF ( PFF ) held about $404 million in Strategy preferred stocks, which constituted approximately 3.5% of the fund's assets.