Rex Shares Launches Bitcoin Corporate Treasury Bond ETF
- BMAX ETF offers access to convertible bonds from companies financing Bitcoin acquisitions.
- Strategy (formerly MicroStrategy) accounts for over 80% of BMAX’s holdings.
- Bitcoin mining firms like Marathon Digital Holdings and Riot Platforms make up 18.6% of the portfolio.
- Strategy has acquired nearly 500,000 BTC using convertible bonds.
- The fund is actively managed, consolidating Bitcoin-backed corporate debt into a single ETF.
BMAX provides retail investors and financial advisors with an accessible option to invest in Bitcoin-backed corporate debt, primarily through convertible bonds issued by companies like Strategy. This ETF simplifies access to these financial instruments, reflecting a growing trend in traditional finance.
Source (2.6)https://coingape.com/rex-shares-debuts-bitcoin-corporate-treasury-convertible-bond-etf/?rand=24432