REX creates ETF for convertible bonds of corporations holding bitcoin
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 14 2025
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Source: SeekingAlpha
New Investment Opportunity: The REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) has launched, allowing investors to buy convertible bonds from companies that hold bitcoin on their balance sheets, making it easier to invest in corporate strategies leveraging bitcoin as a treasury asset.
Market Reaction: Following the launch of BMAX, bitcoin's price rose by 2.1% to $83.4K, and shares of Strategy (MSTR) increased by 5.1%, indicating positive market sentiment towards these new investment vehicles.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
