New Financial Product Launch: REX Bitcoin Corporate Treasury Convertible Bond ETF Filing Unveiled

REX Bitcoin Bond ETF Filing Takes The Spotlight!

A recent filing has unveiled plans for the launch of a new ETF (Exchange-Traded Fund) called REX Bitcoin Corporate Treasury Convertible Bond ETF. This fund aims to focus on investments in convertible bonds issued by companies holding BTC within their corporate treasuries.

According to the prospectus, the ETF will allocate at least 80% of its net assets, including borrowed funds, to these bonds under normal market conditions. The policy, while not fundamental, requires a 60-day notice period to shareholders before any changes.

Source: http://www.cryptonewsz.com