• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

New ETF by REX Shares: Investing in Bonds with Bitcoin Strategy

user avatar

by Giorgi Kostiuk

6 hours ago


REX Shares has announced the launch of an innovative ETF providing access to convertible bonds of companies engaged in a Bitcoin strategy.

Features of the New ETF

Greg King, CEO of REX Financial, noted that it is typically challenging for individual investors to gain exposure to such bonds. The new ETF aims to remove these barriers. At least 80% of the fund's net assets will be invested in convertible bonds, although the policy may change without shareholder approval.

ETF Investment Strategy

The fund will include Strategy (MSTR) bonds, which account for roughly 75% of all holdings. Additionally, it will feature bonds issued by Bitcoin mining giants like Marathon Digital (MARA) and Riot Platforms (RIOT). These companies follow the debt-for-Bitcoin strategy pioneered by Strategy co-founder Michael Saylor.

Prospects and Risks for Investors

The ETF is expected to include up to 10 different issuers based on market conditions. It will not provide direct exposure to Bitcoin, and its performance might not correlate with cryptocurrency price movements. Bloomberg analyst Athanasios Psarofagis believes that a growing ETF ecosystem around Strategy is a good sign, although it might face challenges if Strategy experiences a significant correction.

Strategy's shares increased by nearly 6% this Friday, although they have declined by nearly 18% over the past month. The launch of the new ETF may offer new opportunities for investors but also carries certain risks.

0

Share

Other news

Minnesota Cryptocurrency Bill: Details and Implications

Minnesota considers a cryptocurrency bill proposing new investment and tax opportunities.

user avatarGiorgi Kostiuk

12 minutes ago

Bitcoin Demand Weakening Since December 2024

CryptoQuant's report signals diminished interest in Bitcoin trading since December, affecting global crypto markets.

user avatarGiorgi Kostiuk

12 minutes ago

How Litecoin, Chainlink, and Polkadot Are Transforming the Blockchain World

Discover how Litecoin, Chainlink, and Polkadot are revolutionizing digital transactions with innovative technologies.

user avatarGiorgi Kostiuk

13 minutes ago

Sonic and FloppyPepe (FPPE) Prices: A Look at Current Trends

Sonic and FloppyPepe (FPPE) draw attention as they gear up for a potential crypto bull run. Explore what's happening.

user avatarGiorgi Kostiuk

29 minutes ago

Fibonacci and Market Cycles Define Ethereum's Path

Analysis of Ethereum's support and resistance levels. Support at $1,850 is critical for price growth.

user avatarGiorgi Kostiuk

38 minutes ago

Chainlink Increases Circulation by 19 Million LINK

Chainlink added 19 million LINK to circulation, causing a 5% price drop.

user avatarGiorgi Kostiuk

38 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.