Rex has launched BMAX ETF, a fund that provides investors access to corporate bonds issued by companies using Bitcoin as a treasury asset.

Convertible debt from Michael Saylor's Strategy comprises the majority of the REX Bitcoin Corporate Treasury Convertible Bond ETF holdings.

REX Shares debuted an ETF providing exposure to Strategy’s convertible bonds, a form of debt that was hard to access for most investors.

First, bitcoin enthusiasts could buy bitcoin (BTC-USD), then they could invest in stocks of crypto-linked companies such as Coinbase (COIN) and miners such as Riot Platforms (RIOT). Then came Strategy (MSTR),