Strategy founder Michael Saylor introduced the new ETF BMAX in a post on his personal social platform, which is the first ETF to provide retail investors and investment advisors with the opportunity to invest in convertible bonds issued by companies that incorporate bitcoin into their financial strategies. Previously, according to BusinessInsider, asset management firm REX Financial announced the launch of the Bitcoin Corporate Treasury Convertible Bond ETF (REX Bitcoin Corporate Treasury Convertible Bond ETF), which is listed on the Nasdaq under the symbol BMAX and is mainly for retail investors and investment advisors. It is a convertible bond issued by a company that supports the inclusion of bitcoin in its financial strategy