BMAX

REX Bitcoin Corporate Treasury Convertible Bond ETF

$24.12
+0.00%
Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The BMAX ETF seeks to provide investment exposure to a portfolio of convertible bonds issued by companies that hold Bitcoin on their corporate balance sheets.

Overview

ETF tracking REX Bitcoin Corporate Treasury Convertible Bond ETF

Issuer Other
Inception Date 2025-03-14
Market Cap $7.2M
Average Volume N/A
Dividend Yield N/A
52-Week Range $22.52 - $32.30
VWAP $23.99

Performance

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Investment Summary

📎 Investment Objective

The BMAX ETF seeks to provide investment exposure to a portfolio of convertible bonds issued by companies that hold Bitcoin on their corporate balance sheets.

🎯 Investment Strategy

The fund invests in a diversified portfolio of convertible bonds issued by public companies that have allocated a portion of their corporate treasury to Bitcoin. The goal is to provide investors with exposure to the potential upside of Bitcoin through the convertible bond structure.

✨ Key Features

  • Provides exposure to Bitcoin-related corporate debt instruments
  • Invests in a diversified portfolio of convertible bonds
  • Aims to capture potential upside of Bitcoin through convertible bond structure
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Significant volatility and risk associated with Bitcoin and cryptocurrency markets
  • Concentration risk as the fund is focused on a specific sector and asset class
  • Liquidity risk due to the specialized nature of the underlying investments
  • Credit risk of the corporate issuers of the convertible bonds

👤 Best For

This ETF may be suitable for investors with a high risk tolerance who are seeking exposure to the potential upside of Bitcoin through a fixed income investment structure. Investors should have a long-term investment horizon and be comfortable with the volatility and risks associated with cryptocurrency-related assets.