REX Shares Launches Innovative Bitcoin Treasury Convertible Bond ETF
REX Shares has launched a pioneering exchange-traded fund (ETF) focusing on convertible bonds from companies that integrate Bitcoin into their treasury.
The new ETF, named Bitcoin Corporate Treasury Convertible Bond (BMAX) ETF, enables retail investors to participate in convertible bonds issued by firms acquiring Bitcoin (BTC) for their corporate treasuries, similar to the strategy used by prominent figures like Michael Saylor.
> “Until now, these bonds have been difficult for individual investors to reach. BMAX removes those barriers, making it easier to invest in the strategy pioneered by Michael Saylor—leveraging corporate debt to acquire Bitcoin as a treasury asset,”
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> said Greg King, CEO of REX Financial, in a press release.
In launching BMAX, REX Shares aims to provide a combination of stable income from bonds alongside the potential for stock market-like growth, depending on the performance of BTC investments.
It’s worth mentioning that while BMAX is not the first ETF offering exposure to companies integrating Bitcoin into their corporate strategies, it distinguishes itself by focusing exclusively on convertible bonds. Other notable ETFs include the Strive Bitcoin Bond ETF, which invests in a broader spectrum of corporate debt instruments, and the Bitwise Bitcoin Standard Company ETF, which targets stock investments in companies with significant Bitcoin reserves.
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