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New ETF Offers Exposure to Bitcoin-Linked Convertible Bonds
REX Shares has introduced a groundbreaking convertible bond ETF, providing investors access to convertible debt issued by companies seeking to incorporate Bitcoin into their corporate treasuries. The REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) primarily comprises convertible notes from Strategy (MSTR), spearheaded by Michael Saylor, the most significant issuer of such debt.…
New Bitcoin Convertible Bond ETF (BMAX) Launched by REX Shares
REX Shares has introduced the REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX), a novel investment vehicle providing exposure to convertible bonds issued by companies that hold Bitcoin as a treasury asset. The ETF primarily consists of convertible debt from Strategy (MSTR), led by Michael Saylor, along with notes from Bitcoin miners like Marathon Digital (MARA) and Riot Platforms…
Rex Shares and Osprey Funds Aim to Launch MOVE ETF: Tracking Movement Network's Crypto
Investment firms Rex Shares and Osprey Funds have submitted filings to list an exchange-traded fund (ETF) designed to mirror the price fluctuations of Movement Networks’ MOVE token. Movement, an Ethereum layer-2 network leveraging MoveVM, is anticipated to launch its mainnet this Monday. The proposed REX-Osprey MOVE ETF intends to allocate at least 80% of its assets to MOVE or related financial…
