REX Launches BMAX ETF for Bitcoin Corporate Treasury Bonds

REX Shares has introduced the first-ever Bitcoin Corporate Treasury Convertible Bond ETF, named BMAX. This innovative fund allows retail investors to gain exposure to convertible bonds issued by companies that are incorporating Bitcoin into their corporate treasuries, a strategy popularized by Michael Saylor, Chairman of Strategy.

Greg King, CEO of REX Financial, emphasized the significance of BMAX, noting that it democratizes access to these bonds, which have traditionally been difficult for individual investors to reach. By investing in BMAX, investors can participate in the strategy of leveraging corporate debt to acquire Bitcoin as a treasury asset, a method pioneered by Saylor.

The BMAX ETF aims to provide a blend of stable income from the bonds and the potential for stock market-like growth if the companies' Bitcoin investments perform well. This approach offers a more conservative way to engage with the Bitcoin market compared to direct ownership, as it provides indirect exposure to Bitcoin through corporate debt.

Unlike other ETFs that offer exposure to companies integrating Bitcoin into their corporate strategies, BMAX exclusively targets convertible bonds issued by companies leveraging debt to acquire Bitcoin. This focus sets BMAX apart from funds like the Strive Bitcoin Bond ETF, which invests in a broader range of corporate debt instruments, and the Bitwise Bitcoin Standard Company ETF, which invests in the stocks of companies holding significant Bitcoin reserves rather than their debt.

The launch of BMAX is part of REX Financial's broader portfolio of alternative-strategy ETFs and ETNs, with over $6 billion in assets under management. The company is known for its MicroSectors™ and T-REX product lines and has recently introduced a series of option-based income strategies. Investors interested in the REX Bitcoin Corporate Treasury Convertible Bond ETF and other REX products can find more information on the company's website.

It is important to note that investing in BMAX is not equivalent to investing directly in Bitcoin. The fund is subject to various risks, including those associated with Bitcoin, convertible bonds, and the companies issuing these bonds. Investors should carefully consider the fund’s investment objectives, risks, charges, and expenses before investing. The prospectus, available on the REX Shares website, provides detailed information on these risks and other important considerations.