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.