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BMAX ETFCoinGape
•Business
Business & Economics
72% Informative
Rex Shares has introduced a new exchange-traded fund (ETF) designed to provide investors with exposure to convertible bonds issued by companies incorporating Bitcoin into their corporate treasuries.
The REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) is the first fund of its kind.
Strategy's Bitcoin treasury now holds nearly 500,000 BTC, making up 80% of BMAX’s holdings.
The growing number of Bitcoin -focused ETFs highlights how Bitcoin is becoming an integral part of traditional finance.
VR Score
54
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43
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70
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formal
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English
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68
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3
Source diversity
3
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