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 whipsawed violently yesterday before closing sharply lower.
The S&P 500 tumbled 1.6% to 4,982, its lowest level since April 2024, while the Dow dropped 0.8%.
The US economy showed resilience before the tariff shock, adding 228,000 jobs in March and beating forecasts of 140,000.
A major hack of the Office of the Comptroller of the Currency exposed “highly sensitive information” about banks' financial conditions.
The White House confirmed 104% tariffs on Chinese imports will take effect Wednesday.
🏎️ Alternative investing news
Classic Ferraris, Porsches, and Astons are fully exempt from Trump’s 25% import tariff under a special clause.
🚘 Classic car collectors dodge Trump’s 25% tariff | Alts
New tariffs on imported vehicles? Not a problem — if your dream ride is 25+ years old. Classic Ferraris, Porsches, and Astons are fully exempt from Trump’s 25% import tariff under a special clause. That means standard 2.5% duties apply, so long as th…
Trump’s tariff announcement this week has wiped out $8.2 TRILLION in stock market value — more than was lost during the worst week of the 2008 financial crisis.
10:06 AM • Apr 6, 2025
947 Likes 240 Retweets
89 Replies
🧠 Make yourself heard
The S&P 500 is now down 19% from its peak, making this one of the biggest dips of all time.