James Van Straten
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Bitcoin-Related Convertible Bond ETF Comes to Market
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the fund is necessarily mostly made up of convertible paper issued by Michael Saylor's Strategy (MSTR), by far the largest issuer of such debt. Other top 10 holdings include the convertible notes of bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT)
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REX Shares has launched a first-of-its-kind convertible-bonds exchange-traded fund (ETF), allowing investors exposure to the convertible debt issued by corporates to add bitcoin to their balance sheet
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