Does adding a Bloodhunter crimson rite makes the weapon magical?

@krazylykeafoxdoes anyone (read: @matthewmercer) know if adding a #bloodhunter crimson rite makes the weapon it’s applied to magical or nah? The weapon itself is not magical, but the Rite damage is. Thus, if non-Magic sword hits a Ghost, it takes only Rite damage.

— Matthew Mercer (@matthewmercer) October 20, 2016

You can download Blood Hunter class here:
http://bit.ly/Blood-Hunter-Class