One more ETF to expose yourself to Bitcoin. The asset management company REX Shares has just launched a new grant fund on the stock market (ETF) which offers an exhibition to obligations convertibles issued by companies actively integrating Bitcoin in their cash flow, comme MicroStrategy (devenu Strategy).
The key points of this article:
Rex Shares has launched a new ETF, Bmax, which targets the convertible bonds of companies investing in Bitcoin.
The BMAX fund mainly includes strategy obligations and mining companies such as Mara and Riot Platforms.
Rex Shares launches the new ETF BMAX on companies that invest in Bitcoin
The new fund negotiated on the stock market of REX Sharesbaptized BMAXspecifically target the convertible obligations of companies that invest in bitcoins for their cash strategy. These obligations are used by companies as Strategy to finance the acquisition of Bitcoin as reserve assets. According to the press release from Rex Shares published on March 14, 2025, the ETF BMAX aims at simplify access to these obligations, especially for private investorsvia a single fund managed actively. According to the information page detailing this new financial product, the various convertible obligations of Strategy represent a total of 81,21% the weight of the BMAX fund. Obligations of companies mining by Bitcoins MARA et Riot Platforms represent respectively 14,6% et 4,02% of the fund. And 0,17% remaining are invested in liquidity and other assets.
Convertible bonds are very popular among companies that buy bitcoin
The launch of this ETF BMAX comes as more and more Listed companies issue convertible bonds to finance the purchase of BTC. This trend was popularized by Michael Saylorfounder and president of Strategy, who uses these obligations to buy bitcoins for the cash of his business. After the recent program of $ 2 billion of convertible bonds by Strategy, the company has acquired 20 3,56 additional BTC. It brought his total assets to 499 096 BTCworth more than $ 41 billion when writing these lines. Rex Shares' ETF BMAX closely follows the recent launch of l’ETF Bitcoin Standard Corporations (OWNB) de Bitwisewhich offers an exhibition to business actions Holding more than 1,000 BTC in their cash. These new financial products reflect not only, growing interest companies for Bitcoin asreservebut also A request from investors To indirectly expose themselves to the leader of cryptocurrency, via the shares (or obligations) of these companies.