REX Unveils ETF for Bitcoin-Backed Corporate Bonds

REX Unveils ETF for Bitcoin-Backed Corporate Bonds

REX Shares has introduced the REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX), a new exchange-traded fund designed to invest in convertible bonds issued by companies that hold Bitcoin in their corporate treasuries. Convertible bonds, a form of corporate debt, grant investors the option to convert their holdings into equity under specific conditions. Several firms leverage this mechanism to raise capital for Bitcoin acquisitions. Th...

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