Rex Shares has introduced a new ETF named BMAX, offering corporate-based convertible bonds to investors with a focus on Bitcoin inclusion.
Key Features of the ETF
BMAX began trading on the Nasdaq with a gross expense ratio of 0.85% and launched with $25 million in assets. The product targets investors following Bitcoin-based strategies through corporate debt.
Pioneering Strategy and Investment Model
Under Michael Saylor's leadership, a new corporate asset management model is introduced. Key portfolio components include convertible bonds from Marathon Digital and Riot Platforms. Greg King, CEO of Rex Financial, stated, 'These bonds have been difficult for individual investors to access until now.'
Market Significance
The fund's launch creates new investment opportunities in the market and allows investors to closely track the strategy of acquiring crypto assets through corporate debt. The product distinguishes itself from other market funds by targeting a broader investor base.
The release of the BMAX ETF by Rex Shares represents a significant step in the development of investment tools, combining corporate bonds and Bitcoin.