REX Shares launches BMAX, a Nasdaq-listed ETF providing publicity to bitcoin-backed company bonds, permitting retail buyers to learn from convertible debt linked to bitcoin.
REX Shares Introduces Bitcoin Treasury Convertible Bond ETF
REX Shares introduced on March 14 the launch of the REX Bitcoin Company Treasury Convertible Bond ETF (Nasdaq: BMAX), providing retail buyers publicity to corporations issuing convertible bonds backed by bitcoin. The ETF is the primary of its variety, permitting funding in company debt from companies actively integrating bitcoin into their monetary technique.
Greg King, CEO of REX Monetary, highlighted the ETF’s significance, stating:
BMAX is the primary ETF giving retail buyers and funding advisors entry to convertible bonds issued by corporations integrating bitcoin into their monetary technique.
The fund focuses on corporations like MicroStrategy (MSTR), recognized for utilizing company debt to amass bitcoin. Michael Saylor, government chairman of MicroStrategy, amplified King’s announcement on social media platform X, reinforcing the ETF’s function in bridging conventional finance and bitcoin adoption.
Bitcoin ETF Brings Debt Stability and Potential Upside
REX Shares, an asset supervisor specializing in alternative-strategy ETFs, operates beneath REX Monetary, managing over $6 billion in property. The agency is thought for its Microsector and T-REX product strains.
BMAX is structured as an actively managed ETF, simplifying investor entry to convertible bonds from corporations leveraging bitcoin-backed company debt. By investing in these bonds, retail buyers achieve oblique bitcoin publicity with out straight proudly owning the cryptocurrency.
Whereas BMAX offers a regulated funding choice, REX Monetary warns of potential dangers and advises buyers to overview the ETF’s prospectus earlier than committing capital.
A New Path for Bitcoin Publicity
The launch of BMAX represents a shift in how buyers entry bitcoin-linked company debt, offering a substitute for direct crypto investments.
Traders excited about bitcoin-backed company bonds can discover BMAX on the Nasdaq change or seek the advice of monetary advisors to evaluate suitability.
