REX plans to apply for the issuance of BitMine Growth Yield ETF

Jinse Finance reported that Eric Balchunas, Senior ETF Analyst at Bloomberg, posted on X stating, "REX is applying to launch the BitMine Growth Yield ETF, which will invest in $BMNR with leverage and generate income by selling call options. $BMNR, the underlying asset, was only 'born' recently, yet it has already received a full suite of ETF products. Notably, the 2x leveraged ETF tracking this asset (2x BMNR) reached a trading volume of $400 million within its first four days after launch, demonstrating remarkable popularity."