Bitcoin Institutional Custody and Trading Platform
Rex Shares Launches Revolutionary ETF, Enabling Corporate Treasurers to Invest in Bitcoin
In a move that is set to disrupt the traditional financial landscape, Rex Shares, a leading provider of exchange-traded funds (ETFs), has announced the launch of the Rex Bitcoin Corporate Treasury Convertible Bond ETF. This innovative product allows corporate treasurers to invest in bitcoin, marking a significant milestone in the adoption of cryptocurrencies by mainstream investors.
The new ETF is designed to provide a unique investment opportunity for corporate treasurers, enabling them to diversify their investment portfolios and potentially reduce risk. The ETF will track the price of bitcoin, allowing treasurers to gain exposure to the cryptocurrency without having to directly hold it.
"We are thrilled to bring this groundbreaking product to market," said Simon Roberts, CEO of Rex Shares. "Our goal is to provide corporate treasurers with a reliable and efficient way to invest in bitcoin, allowing them to capitalize on the growing potential of the cryptocurrency market."
The Rex Bitcoin Corporate Treasury Convertible Bond ETF is listed on the New York Stock Exchange (NYSE) Arca, making it accessible to a wide range of institutional investors. The ETF has a total expense ratio of 0.95%, making it an attractive option for treasurers looking to diversify their portfolios.
The launch of this ETF is a significant development in the growing trend of institutional investors entering the cryptocurrency market. As more mainstream investors begin to take notice of the potential of cryptocurrencies, the demand for innovative investment products like this ETF is likely to continue to grow.
Rex Shares is a leading provider of ETFs, with a focus on innovative and niche investment strategies. The company has a strong track record of launching successful ETFs, and the Rex Bitcoin Corporate Treasury Convertible Bond ETF is expected to be a major hit with corporate treasurers and institutional investors.