(BMAX) REX Bitcoin Corporate Treasury Convertible Bond ETF

I'm surprised there isn't any mention yet of this on these forums. No options trading (yet), but the etf is now active as of yesterday.

Those whining about retail not being able to get in on MSTR's convertible bonds need cry no longer.

https://www.rexshares.com/bmax/

 

Woah what an incredible opportunity! Finally a prospective thing to invest family life savings into.

 

These crypto boys hear something that has the name Bitcoin in it and think that they understand it.

 

Im not going to buy this, but for Saylor and his imitators this is genius. This will create a bunch of retail (and some institutional) demand for these converts that typically only institutional investors can access.

again, not speaking to the investment merits of the ETF, but just on the demand is going to create. If you needed more buyers of your convertible debt so you can buy even more bitcoin this is the perfect thing to do. The end result of this will just be that Michael sailor and others will be able to buy even more

 

I will take a very small bite and scale in slowly over time starting tomorrow. Mostly to keep a watch on things. Not planning to get rich.

 

There already were some Convertible CEFs that owned MSTR converts. They have certainly outperformed the benchmark convertible index.

 

Might as well throw the money out the window, some of it might blow back.

 

I can imagine all the money you have from shorting Bitcoin all the way down to 80k.

Good trading.



You wouldnt have 2 Rosybucks to rub together.

Missed the boat up and missed the boat down all while pontificating moronically online.

Get a hobby.

 

what part of bitcoins history would make you think it’s throwing money out the window?

 

Past performance is not an indication of future success.