Exchange-traded fund (ETF) provider REX Shares rolls out its Bitcoin Corporate Treasury Convertible Bond ETF giving investors indirect exposure to BTC.

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

The REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX), launched on Friday, offers a way to invest in convertible bonds of companies that hold bitcoin on their balance sheets, an asset that has been difficult for individual investors to access.

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