REX Shares launches BMAX, a Nasdaq-listed ETF providing publicity to bitcoin-backed company bonds, permitting retail traders to profit 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 traders publicity to firms issuing convertible bonds backed by bitcoin. The ETF is the primary of its sort, permitting funding in company debt from corporations 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 traders and funding advisors entry to convertible bonds issued by firms integrating bitcoin into their monetary technique.
The fund focuses on firms like MicroStrategy (MSTR), recognized for utilizing company debt to amass bitcoin. Michael Saylor, govt chairman of MicroStrategy, amplified King’s announcement on social media platform X, reinforcing the ETF’s position 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 below REX Monetary, managing over $6 billion in belongings. The agency is understood for its Microsector and T-REX product traces.
BMAX is structured as an actively managed ETF, simplifying investor entry to convertible bonds from firms leveraging bitcoin-backed company debt. By investing in these bonds, retail traders achieve oblique bitcoin publicity with out immediately proudly owning the cryptocurrency.
Whereas BMAX supplies a regulated funding possibility, REX Monetary warns of potential dangers and advises traders to evaluation the ETF’s prospectus earlier than committing capital.
A New Path for Bitcoin Publicity
The launch of BMAX represents a shift in how traders entry bitcoin-linked company debt, offering a substitute for direct crypto investments.
Traders fascinated about bitcoin-backed company bonds can discover BMAX on the Nasdaq alternate or seek the advice of monetary advisors to evaluate suitability.
