On March 14, 2025, Michael Saylor, the founder of MicroStrategy, posted on his personal platform to introduce the BMAX ETF, a brand new exchange-traded fund (ETF). This is the first ETF that provides an opportunity for individual investors and financial advisors to invest in convertible bonds issued by companies that have incorporated Bit into their financial strategies.
The full name of the BMAX ETF is the REX Bit Corporate Treasury Convertible Bond ETF, issued by REX Shares (REX Financials) - a company that specializes in providing innovative exchange-traded products, focusing on alternative investment strategies through ETFs and ETNs. The company is headquartered in the US and is led by CEO Greg King.
The launch of BMAX on March 14, 2025 marks an important step in connecting the traditional financial market with Bit, allowing investors to access a new asset portfolio that combines the advantages of convertible bonds and the potential growth of Bit on corporate balance sheets.
