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Retail Investors Gain Access to Bitcoin-Backed Corporate Bonds Through New Nasdaq ETF
REX Shares launches BMAX, a Nasdaq-listed ETF offering exposure to bitcoin-backed corporate bonds, allowing retail investors to benefit from convertible debt linked to bitcoin.
REX Shares Introduces Bitcoin Treasury Convertible Bond ETF
REX Shares announced on March 14 the launch of the REX Bitcoin Corporate Treasury Convertible Bond ETF (Nasdaq: BMAX), offering retail investors exposure to companies issuing convertible bonds backed by bitcoin. The ETF is the first of its kind, allowing investment in corporate debt from firms actively integrating bitcoin into their financial strategy.
Greg King, CEO of REX Financial, highlighted the ETF’s significance, stating:
The fund focuses on companies like MicroStrategy (MSTR), known for using corporate debt to acquire bitcoin. Michael Saylor, executive chairman of MicroStrategy, amplified King’s announcement on social media platform X, reinforcing the ETF’s role in bridging traditional finance and bitcoin adoption.
Bitcoin ETF Brings Debt Stability and Potential Upside
REX Shares, an asset manager specializing in alternative-strategy ETFs, operates under REX Financial, managing over $6 billion in assets. The firm is known for its Microsector and T-REX product lines.
BMAX is structured as an actively managed ETF, simplifying investor access to convertible bonds from companies leveraging bitcoin-backed corporate debt. By investing in these bonds, retail investors gain indirect bitcoin exposure without directly owning the cryptocurrency.
While BMAX provides a regulated investment option, REX Financial warns of potential risks and advises investors to review the ETF’s prospectus before committing capital.
A New Path for Bitcoin Exposure
The launch of BMAX represents a shift in how investors access bitcoin-linked corporate debt, providing an alternative to direct crypto investments.
Investors interested in bitcoin-backed corporate bonds can explore BMAX on the Nasdaq exchange or consult financial advisors to assess suitability.