REX Shares launches first-ever Bitcoin corporate treasury convertible bond ETF

Rex Pares has launched a new negotiated stock market fund, the first of its type, focused on the convertible obligations of companies incorporating bitcoin into their treasure.

Rex Shares, a asset management company specializing in products and investment funds, has only spear Bitcoin Corporate Treasury Convertible Bond (BMAX) ETF, which allows retail investors to invest in convertible obligations issued by companies that buy bitcoin (BTC) for their corporate treasury bills (like Michael Saylor Strategy).

“So far, these obligations have been difficult to achieve for individual investors. BMAX removes these obstacles, which facilitates investment in the strategy launched by Michael Saylor – holding business debt to acquire bitcoin as a treasure ratio “,”

said Greg King, CEO of Rex Financial in the Press release declaration.

When launching BMAX ETF, REX shares aim to offer a mixture of stable income from bonds and market growth potential if BTC investments work well.

It is important to note that BMAX is not the first ETF to offer an exhibition to companies incorporating bitcoin into their corporate strategies. There are other ETFs that invest in such companies, such as String Bitcoin Bond Etf and Bitwise Bitcoin Standard Company ETF.

But unlike the Bitcoin Bond StriveWho invests in a wider range of business debt instruments, BMAX exclusively targets the convertible obligations issued by companies taking advantage of debt to acquire Bitcoin. As of Bitwise Standard Bitcoin Company ETFHe invests in the actions of companies with significant Bitcoin reserves rather than their debt.