This is the last week Stocks & Income will be sent from Stefan & Wyatt at Alts.co
Starting next Monday, Alts community member Brandon Harriswill be taking over the sending.
Brandon’s sports media company Playmaker, was acquired in 2023 for up to $54m, since then he’s dedicated his time to finance.
We’re excited to have Brandon put his energy into growing this newsletter!
Introducing BMAX from REX Shares
The Bitcoin Corporate Treasury Convertible Bond ETF
REX Shares specializes in alternative exchange-traded funds.
BMAX is a pioneering ETF offering investors access to convertible bonds issued by companies that have integrated Bitcoin into their corporate treasuries.
This innovative fund provides a unique blend of debt stability and potential equity upside, allowing investors to engage with the evolving intersection of digital assets and traditional finance.
Why invest in Convertible Debt?
Convertible bonds are hybrid securities that offer interest payments and the potential for equity conversion.
They provide interest yields during the bond's life, with an option to convert into stock if the issuing company's share price exceeds a set conversion threshold at maturity.
This dual benefit structure offers exposure to Bitcoin-related corporate strategies while maintaining a foothold in traditional securities
Investing involves risk, including possible loss of principal. Investors should carefully consider the investment objectives, risks, charges, and expenses of BMAX before investing. This and other important information are contained in the Prospectus, which can be obtained by visiting the link above. Please read the Prospectus carefully before investing.
📰 Market Headlines
Markets soared after President Trump announced a 90-day pause on reciprocal tariffs, triggering a historic rally.
The S&P 500 climbed over 9.5%, the Nasdaq surged 12%, and the Dow rose more than 7.8%.
The 10-year Treasury yield continued climbing, settling near 4.4% after its biggest three-day jump since 2001.
🌏 Alternative investing news
Five weeks ago, when the trade war began in earnest, Wyatt wrote a great issue on diversifying outside the US.
As you've no doubt noticed, the situation has escalated since then.
We, and our members, have taken note. From a Swiss community member this morning:
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I am becoming increasingly cautious about investments related to the US or the USD. The odds: Swiss Franc—US Dollar are working against me. Also, the new president doesn't have my trust, to say it nicely. So, this makes me increasingly reluctant to invest in anything related to US relations.
Regardless of how you feel about the tariffs, it's undeniable that the world has changed forever.
There are two ways to approach an increasingly uncertain macro climate:
Go completely risk off, fleeing to the safest thing possible, or
Realize risk is rising everywhere, so you may as well hunt higher returns
