Req launches ETF for Bitcoin Corporate Treasuries

The Actions Rex launched Corporate Rek Bitcoin Corporate Treiri Convertible Bond Etf.

This will be a fund that invests in convertible bonds issued by companies held by Bitcoin (Btc) in their corporate cash register, toward to the company’s release.

Convertible bonds are a type of debt that can be converted into company shares under certain conditions. Some companies use these bonds to collect money and buy Bitcoin for their balance sheets.

The strategy has gained attention after Michael Sailor, the Presiding Strategy (earlier) Microstrategi), used it to accumulate Bitcoin.

The BMAMA simplifies access to this investment approach to the packaging of these bonds in the stock exchange fund. ETFS enables investors to buy a basket of property in one store, similar to inventories. Instead of buying individual convertible bonds, investors can buy boh shares to gain exposure to companies using this method.

“BMAm is the first ETF that makes retail investors and advisors for investments approach convertible bonds issued by companies issued by the integration of Bitcoin in their financial strategy,” Greg King Financial said.

Exposure to bitcoin

The fund focuses on companies like a strategy, which has issued several convertible bonds supported by Bitcoin. Investors in BMA banks receive exposure and long and potential capital of upside down these companies, avoiding direct ownership of Bitcoin. This allows an alternative way to get involved in investments connected by Bitcoin without the cutting itself.

BMAK offers a regulated path to participate in this strategy, removing the complexities of individual bonds or management of BitCoin transactions.