Rex Shares launches Bitcoin treasury convertible bond ETF
Investment firm
#RexShares has introduced the
#BMAX ETF, which focuses on convertible bonds issued by companies that incorporate #bitcoin
$BTC into their corporate treasury. The fund provides investors with access to bonds from firms such as #Strategy, which makes up over 81% of its holdings, along with bitcoin miners #MARA and #Riot Platforms.
The launch follows the debut of Bitwise’s Bitcoin Standard Corporations #ETF earlier this week. Rex Shares has been expanding its crypto-related ETF offerings, recently filing for funds linked to various cryptocurrencies, including
#Ethereum $ETH ,
#Solana $SOL , and
#Dogecoin $DOGE.